$WLD 's recent status is not good, it has been declining, like a lost child, unclear whether to turn back or continue wandering.
We need to first look at the market trends.
WLD has really not been performing well lately, the buying power is weak, everyone is being very cautious, and trading is not active. In the short term, this trend is indeed puzzling, we need to keep an eye on a few important "safety lines" to see if they can hold.
Safety Lines (Support Levels): 2.80, 2.60, 2.50, if it slips to this area, it might bounce a few times, which is just a rebound.
Resistance Lines (Resistance Levels): 2.95, 3.10, 3.40, once it climbs to this area, it might encounter some trouble, which is resistance.
For those who want to take a short-term gamble and buy:
You can start buying around 2.80, if it slips to 2.60, you can add more chips. But if it goes below 2.45, you should get out quickly, don’t lose both your investment and your assets. If you want to make profits, you can look at the points 2.95, 3.10, 3.40.
If you want to sell:
You can start selling around 2.95, if it rises to 3.10, you can sell a bit more. But if it rises above 3.45, then you have to accept your bad luck. If you want to make profits, you can look at the points 2.80, 2.60, 2.50.
Personally, I think WLD might continue to decline during this period, so I suggest everyone seize the opportunity to act, and plan to buy back when it has dropped sufficiently.
But don't forget, trading comes with risks, set a bottom line for yourself, don't let your losses hit rock bottom.
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