💎 WLD has recently demonstrated noteworthy market dynamics, experiencing a significant 300% upward movement after breaking out of a descending channel.
💎 However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH).
💎 There's a probability that WLD could also touch the Bullish Order Block (OB) before resuming its upward movement and retesting the Bearish OB area.
💎 The Bullish OB represents a critical area for WLD, as a bounce from this level is essential. However, if WLD breaks below the Bullish OB, it could signal a reversal to a bearish trend, resulting in continued downward movement for WLD.