WLDUSDT BREAKOUT! Next Target?
🚀 WLDUSDT BREAKOUT! Next Target?🚀
📉 **Pair:** WLD/USDT
⏳ **Timeframe:** 1H
📊 **Exchange:** Binance
WLD has finally **broken out** of its consolidation range, confirming a bullish structure and momentum shift. Let’s break it down:
### **📌 Price Action & Trend Analysis:**
- WLD successfully broke out of the downward sloping trendline, pushing past key resistance levels.
- The price is currently **trading at $1.305** after testing the **$1.27 - $1.29 supply zone** and bouncing off key moving averages.
- A **strong wick rejection** from the lower trendline suggests that bulls are stepping in aggressively to defend support.
- The breakout candle closed above the trendline, signaling bullish continuation.
### **📈 Indicators & Confluence Signals:**
✅ **EMA Ribbon:** The price is trading above the EMA cluster, confirming the uptrend.
✅ **RSI & Stochastic RSI:** Both show bullish momentum, with the Stochastic RSI bouncing from oversold territory, signaling more upside potential.
✅ **MACD:** The MACD histogram is expanding bullishly with strong upward momentum. The signal line is crossing above zero—another bullish confirmation.
✅ **Volume:** Breakout accompanied by **increasing bullish volume**, confirming strong buying interest.
### **🚀 Next Target Levels:**
- Immediate resistance: **$1.32 - $1.34** (previous rejection zone).
- If WLD breaks $1.34 with volume, next resistance sits around **$1.38 - $1.40**.
- Key support: **$1.27 - $1.25** (previous breakout zone, now flipped as support).
### **⚠️ Risk & Caution:**
- A breakdown below **$1.27** may invalidate the breakout, leading to a retest of **$1.22 - $1.20**.
- Always manage risk with stop-losses in case of a fake breakout scenario.
🔥 **Conclusion:** WLD is looking **bullish**, with strong momentum and trend confirmation. If bulls maintain control, a move towards $1.34+ is highly likely! Keep an eye on volume and price action for further confirmation.
💬 What’s your target for WLD? Drop your thoughts in the comments! 🚀📊 #Crypto #WLD #Breakout
📉 **Pair:** WLD/USDT
⏳ **Timeframe:** 1H
📊 **Exchange:** Binance
WLD has finally **broken out** of its consolidation range, confirming a bullish structure and momentum shift. Let’s break it down:
### **📌 Price Action & Trend Analysis:**
- WLD successfully broke out of the downward sloping trendline, pushing past key resistance levels.
- The price is currently **trading at $1.305** after testing the **$1.27 - $1.29 supply zone** and bouncing off key moving averages.
- A **strong wick rejection** from the lower trendline suggests that bulls are stepping in aggressively to defend support.
- The breakout candle closed above the trendline, signaling bullish continuation.
### **📈 Indicators & Confluence Signals:**
✅ **EMA Ribbon:** The price is trading above the EMA cluster, confirming the uptrend.
✅ **RSI & Stochastic RSI:** Both show bullish momentum, with the Stochastic RSI bouncing from oversold territory, signaling more upside potential.
✅ **MACD:** The MACD histogram is expanding bullishly with strong upward momentum. The signal line is crossing above zero—another bullish confirmation.
✅ **Volume:** Breakout accompanied by **increasing bullish volume**, confirming strong buying interest.
### **🚀 Next Target Levels:**
- Immediate resistance: **$1.32 - $1.34** (previous rejection zone).
- If WLD breaks $1.34 with volume, next resistance sits around **$1.38 - $1.40**.
- Key support: **$1.27 - $1.25** (previous breakout zone, now flipped as support).
### **⚠️ Risk & Caution:**
- A breakdown below **$1.27** may invalidate the breakout, leading to a retest of **$1.22 - $1.20**.
- Always manage risk with stop-losses in case of a fake breakout scenario.
🔥 **Conclusion:** WLD is looking **bullish**, with strong momentum and trend confirmation. If bulls maintain control, a move towards $1.34+ is highly likely! Keep an eye on volume and price action for further confirmation.
💬 What’s your target for WLD? Drop your thoughts in the comments! 🚀📊 #Crypto #WLD #Breakout
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.