$WLD /USDT Trading Signal – Testing Key Support Levels

Current Price: $2.359 (-1.63%)

24h Range: $2.340 - $2.447

24h Volume: 28.85M WLD

Observation:

WLD/USDT is facing a rejection near $2.447, pulling back towards the $2.350 support zone. The price action shows consolidation with potential for a breakout or breakdown, depending on upcoming market activity.

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Trading Plan (1H Timeframe):

Long Entry: $2.340 - $2.370

Targets:

T1: $2.400

T2: $2.450

T3: $2.500

Stop Loss: $2.300

Alternate Plan:

If price breaks below $2.340:

Short Entry: $2.340 - $2.300

Targets:

T1: $2.280

T2: $2.240

Stop Loss: $2.380

Analysis:

MACD signals a bearish divergence, but the $2.340 level might hold as a support zone. A break above $2.400 would suggest bullish continuation, while a breakdown could open lower levels.

Strategy Advice: Manage trades with tight stop-losses and secure partial profits as targets are achieved. Stay alert to volume changes indicating directional bias.

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