$WLD /USDT Technical Analysis - Target Achieved šÆ
Current Price: $2.380 (+4.52%)
Chart: 30-minute timeframe
Exchange: Binance
Analysis Overview:
The price of $WLD /USDT has shown strong upward momentum, bouncing back from the recent low of $1.937 to the current price of $2.380. This movement aligns with bullish market sentiment, with steady volume supporting the rally.
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Achieved Target: $2.350 ā
Breakout Confirmation: Price successfully breached $2.35 resistance.
Action: Consider securing partial profits here.
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Next Target Levels:
1. Target 1: $2.417 (24h High)
Strategy: Monitor breakout strength; tight stop-loss at $2.30.
2. Target 2: $2.500
Reasoning: Psychological resistance and Fibonacci extension level.
Action: Watch volume for validation.
3. Target 3: $2.600
Projection: Bullish continuation zone. Breakout could signal medium-term uptrend.
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Risk Management:
Support Zone: $2.20 - $2.25
Stop Loss: Adjust below $2.30 for protection.
Stay cautious during volatile moves and follow price action for confirmations.
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