The WLD/USDT pair is forming a symmetrical triangle on the 1D time frame ๐. This setup indicates potential volatility ahead, but the direction depends on the breakout ๐ or breakdown ๐. If the price breaks below the support zone, it could trigger a bearish move, leading to a significant dump ๐. On the other hand, if the price manages to break above the resistance line, it could confirm a bullish breakout, signaling a strong upward trend ๐.
Patience is key here โณ! Itโs wise to wait and observe whether the price decisively moves past either support or resistance before taking any action. Watch for confirmation of the breakout direction to plan your next move effectively. Remember, symmetrical triangles often lead to significant moves, so stay vigilant and manage your risk carefully! ๐ก
On the 1D timeframe, the Others Market Cap is showing a Cup and Handle pattern ๐, signaling a bullish trend ๐. The breakout above the resistance at $245.96B indicates strong momentum, with the next target potentially at $969.44B ๐. The market cap is pumping again, supported by RSI moving upward ๐บ and Stoch RSI also pointing upward ๐. This alignment of technical indicators suggests a massive pump ahead ๐ฅ. Additionally, $WLD looks poised for a surge soon as well ๐ฅ. With everything lining up, Iโm 99% confident a big move is coming for the Others Market Cap and beyond! ๐คฉ
I'm bearish in the short term due to long liquidations, but bullish for the long term. Once the liquidation clears, WLD will rise again and easily reach $2.60. ๐๐ป๐๐๐ฐ
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$WLD
