$WLD

Moving Averages:

200-period Simple Moving Average (SMA):

Level: The 200-SMA on the 4-hour chart is positioned around 2.048 USDT.Current Price Position: WLD/USDT is trading slightly above the 200-SMA at approximately 2.061 USDT, suggesting a short-term bullish sentiment. Sustaining this position above the 200-SMA could support positive momentum, though additional confirmation is necessary to maintain the uptrend.

Relative Strength Index (RSI):

Current Level: The RSI is currently at 61.69, which is in a neutral to slightly overbought territory.Interpretation: The RSI level indicates moderate buying momentum. While it’s not overbought yet, it may approach that zone if buying pressure continues, potentially leading to a pullback or consolidation.

Moving Average Convergence Divergence (MACD):

MACD Line: 0.048Signal Line: 0.041Status: The MACD line is above the signal line, suggesting a bullish momentum. The positive histogram bars support the continuation of an upward trend, but a decrease in the histogram could indicate a possible weakening in momentum.

Support and Resistance Levels:

Immediate Resistance: 2.200 USDT – This level, represented by recent highs, could be a hurdle. A decisive break above it may open the path for further upside.Local Support: 2.048 USDT (200-SMA) – This level acts as support, and a fall below it would suggest a potential bearish correction.Key Support Zone: 1.800 - 1.900 USDT – A strong support area, crucial for preserving the uptrend structure.

Bullish/Bearish Scenarios:Bullish Scenario: If WLD/USDT can break and sustain above the 2.200 resistance level with strong volume, it could strengthen bullish sentiment, targeting higher price levels.Bearish Scenario: A drop below the 2.048 support level (200-SMA) might signal declining bullish momentum, potentially leading to a retest of the 1.800 - 1.900 support area.