$WLD is currently trading at $1.49, down 0.03% in the last 24 hours. While it's had some ups and downs, the overall trend is still bearish, down 85.30% from its all-time high of $10.12 just 5 months ago.

I predict WLD will continue to consolidate in the short term, potentially testing the $1.20 support level.

However, if it breaks below that, we could see a further decline. On the other hand, if it bounces off the support, we might see a small rally. But overall, I'm bearish on WLD until I see a clear reversal signal.

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