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The trading chart shows some key levels and trends for the WLD/TetherUS pair. Here are a few things to consider:
- The current price is 2.5559 USDT, and it's positioned between the "Monday" levels at 2.7309 USDT (resistance) and 2.3630 USDT (support).
- An upward trendline suggests a potential bullish trend, but the price is near a resistance level.
- Significant levels include the yellow dashed lines at 2.8594 USDT (higher resistance) and 1.5701 USDT (lower support), and a "Monster low" at 1.4961 USDT.
Given these points, here are a few strategies:
- **Buying**: If you believe the price will break through the resistance at 2.7309 USDT, you might consider buying. However, keep an eye on whether the upward trend continues.
- **Selling**: If you're unsure about the price breaking the resistance or see signs of reversal, it might be safer to sell.
Remember to consider additional factors such as overall market conditions, news, and your own risk tolerance before making a decision. It's also wise to use stop-loss and take-profit orders to manage your risks effectively.
If you have more specific questions or need further guidance, feel free to ask!