WLD/USDT Trading Signal - Retracement Near Support Levels

Current Price: $2.564

EMA Trends:

EMA(7): $2.583

EMA(25): $2.572

EMA(99): $2.450

Observation:

WLD/USDT retraced after reaching a 24-hour high of $2.803. The price is hovering near the EMA(25) and EMA(7), showing signs of consolidation. The EMA(99) at $2.450 remains a crucial support level. The 24-hour volume of 73.34M indicates continued market interest.

Potential Strategy:

Entry Range: $2.550 - $2.600

Targets:

Target 1: $2.650 (Immediate Resistance)

Target 2: $2.750 (Closer to Recent High)

Stop Loss: $2.480

Key Insights:

A bounce above EMA(25) could lead to a recovery toward $2.650 and beyond. Monitor volume near $2.550 for potential momentum confirmation. Secure partial profits at Target 1 and tighten stop-losses to reduce risk after the breakout.

#CryptoTrading #WLDUSDT #TradingSignals #MicroStrategyAcquiresBTC #BinanceAlphaAlert