Yello Paradisers! WLDUSDT is maintaining a bullish market structure and respecting the supportive trendline, which increases the probability of a bullish move.
๐If WLDUSDT approaches the key support zone aligned with the supportive trendline, or if it forms bullish patterns like a bullish Internal Change of Character (I-CHoCH), W-pattern, or Inverse Head & Shoulders on lower timeframes, it will further increase the likelihood of a bullish continuation.
๐In the case of a retracement or panic selling, a bounce from the strong support zone is anticipated. However, to strengthen the probability of a reversal, confirmation via a bullish I-CHoCH on lower timeframes is essential.
๐However, if the price breaks down and closes a candle below the strong support zone, it will invalidate the bullish outlook. In such a scenario, it would be wise to remain patient and wait for a clearer price action to develope.
๐Stay disciplined, Paradisers. The market rewards patience and strategy, not impulsiveness. Stick to your plan, wait for confirmations, and approach every trade like a pro.
