🚨 WLD Price Analysis: Critical Support Levels and Potential Breakout Ahead! 🚨

The WLD/USDT chart shows a key support zone at the 50% Fibonacci level, which could serve as a strong bounce point. Let’s break down what traders need to watch closely in the next few sessions:

📉 Immediate Support at $2.279: The 50% Fibonacci retracement level aligns with a support zone, offering a potential entry point for bulls if price holds steady here.

📈 Resistance at $2.799 (23.6% Fibonacci Level): A successful bounce from support could target $2.799, signaling a potential bullish breakout.

🔄 Consolidation Phase: If the price stabilizes above support, it may consolidate before attempting to move upwards.

🛑 Downside Risk: Failure to hold the $2.279 support could lead to a further drop towards the 78.6% Fibonacci level at $1.714, a level traders should monitor for potential stop-losses.

🚀 Potential Move: A sustained bounce from support might drive WLD up to test the $3.26 level, where overhead resistance lies.

📌 Engage: Share your thoughts on WLD’s potential bounce, and don't forget to tip if this analysis helped!