WLD/USDT Technical Analysis
Current Momentum: WLD is currently trading at $1.84, up 7.09% in 24 hours, which is quite strong. The price action shows an increase in bullish interest, with a 24-hour high of $1.914 and a low of $1.677.
Key Targets🎯:
Short-term Target: $1.966
If the bullish momentum continues, WLD may test the resistance level of $1.966. There may be short-term opportunities at this position, but be prepared to encounter some resistance near the high.
Medium-term Target: $2.026
Continued buying pressure may push WLD to $2.026. If this target is achieved, it can strengthen the upward trend and also indicate a strong rebound if market conditions cooperate.
Long-term Target: $2.15
If WLD breaks through the $2.026 barrier, the next milestone is around $2.15. This long-term target may attract the attention of momentum traders and put WLD on a stronger bullish track.
Moving average support:
7-day moving average: $1.808
25-day moving average: $1.692
99-day moving average: $1.806
These moving averages show that the short-term trend supports the bullish scenario, but volume and market sentiment are critical to reaching each target. You still have to keep an eye on the volume. The current 24-hour volume is $54.5 million, indicating active trading.
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