$WLD has hit resistance at $2, this could mean that the price has found it difficult to break through that level.
Now, the possibilities are diverse:
1. **Rejection**: The price could go back and continue its downtrend.
2. **Breakout**: If the price manages to break through $2, it could start a new uptrend.
3. **Consolidation**: The price could stay around that level for a while before deciding its next direction.
It is important to consider other factors such as volume, market news, and technical analysis to get a better perspective.