WLD/USDT Break the bullish flag, Bullish continuation for WLD!

٢٨ مارس

💎 WLD has recently encountered notable market dynamics. After breaking out of the bullish flag pattern, WLD is currently in a retesting phase.

💎 There's potential for the price to resume its upward movement, targeting the resistance area around $9.45. However, for this continuation to occur, WLD must successfully breach the resistance level.

💎 In the event of another failure to break the resistance, there's a possibility of price rejection, leading to a retracement towards the support trendline. Should the support trendline fail to hold, the next significant support area lies around $7.4.

💎 The demand area holds critical importance, as a failure to bounce from this level could signal further downside potential. A breakdown below the support level would confirm a return to bearish sentiment for WLD. Monitoring price action around these key levels will be essential for assessing WLD's future trajectory.