a technical analysis and trade signal for the $WLD

/USDT pair:

Technical Analysis:

Current Price (WLD/USDT): 2.617 USD

Trend: Bullish (up 7.43% in 24 hours)

Support: 2.418 USD (24h Low)

Resistance: 2.803 USD (24h High)

Indicators:

RSI (Relative Strength Index): Likely above 70 (suggesting overbought, indicating a possible consolidation or pullback soon)

MACD: Bullish (the shorter-term moving average is above the longer-term moving average, indicating upward momentum)

Volume: Higher trading volume, supporting a strong bullish momentum

Trade Signal:

Entry Point: 2.600 USD (to ride upward momentum)

Target Levels:

Target 1: 2.740 USD (first resistance level)

Target 2: 2.800 USD (approaching previous 24h high)

Target 3: 2.900 USD (potential extended resistance based on trends)

Momentum:

Bullish momentum continues as long as price stays above the support zone of 2.418 USD. Expect further price action toward resistance levels (2.740, 2.800, 2.900).

Watch for a potential reversal if the price surpasses overbought RSI levels or volume starts to dwindle, signaling loss of upward momentum.

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