$WLD Climbs +6.47%! Bulls Eyeing Resistance Levels
Current Price: $2.321 (+6.47%)
Technical Overview:
• 24H Range:
• High: $2.343
• Low: $2.121
A solid recovery from the day’s lows, showing renewed buying momentum.
Moving Averages (MA):
• MA (7): $2.285 – Short-term momentum has flipped bullish.
• MA (25): $2.234 – Clear breakout above mid-term average.
• MA (99): $2.347 – Acting as the next resistance level; a decisive break could extend the rally.
Volume Analysis:
• Volume is picking up, signaling strong participation and potential continuation of the uptrend.
Key Levels to Watch:
• Immediate Support: $2.237 – If bulls fail to sustain above this, expect a retracement toward $2.200.
• Major Resistance: $2.343 (MA 99) – Bulls must overcome this level for a test of $2.488 (recent high).
Indicators:
• RSI: Likely approaching overbought territory; traders should monitor for potential consolidation or pullbacks.
• MACD: A bullish crossover is forming, confirming momentum is shifting in favor of buyers.
Outlook:
• Bullish Scenario: A break above $2.343 would signal strong continuation, with the potential to test $2.488 in the short term.
• Bearish Scenario: Failure to hold above $2.237 could lead to profit-taking and a drop toward $2.121.
The WLD bulls are back in action! Will they push through the $2.343 resistance? Watch closely!
#USUALonLaunchpool&Pre-Market #MemecoinWars #BTCBreaks93k #HaveYouBinanced