🚨 $WLD /USDT Trading Signal - Testing Support, Potential Reversal?

Key Levels

Current Price: $2.149

Support Level: $2.073

Resistance Levels: $2.300, $2.572

Entry Range: $2.120 - $2.160

Targets:

Target 1: $2.250

Target 2: $2.400

Target 3: $2.550

Stop Loss: $2.050

Technical Overview

WLD/USDT has retraced significantly from its peak of $2.803 and is consolidating near the support level of $2.073. The price is showing signs of potential recovery as it stabilizes around $2.140. A breakout above $2.160 could trigger bullish momentum toward $2.250 and higher. However, failure to maintain support could lead to a continuation of the downtrend.

Action Plan:

Monitor for a confirmed breakout above $2.160 for long entries. Secure partial profits at each target level and adjust the stop loss to protect gains as the price approaches higher resistance levels.

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