$WLD Daily line level area 2.129 is a support-resistance swap level. The daily line entity cannot break below this level. If it does, there is a potential for a daily bearish flag structure, so be prepared for defense. If the entity breaks below 2.129, it could drop to a target level with a potential decline of 36%. Those holding long contracts may consider reducing positions or exiting. Here's a comparison chart; $BOME was an ambush like this, and $ORDI also manipulated us like this. Pay attention to defense, just stay flat in the spot market, and buy when it reaches the target level.
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