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WLD market analysis

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In the current market, the 1 hour level shows recovery momentum, while the 2-4 hour level shows short selling bias.

In this case, 4.5654 has become today's key price.

📈Opportunity for buy orders: If the price 4.5654 can be established effectively then the opportunity for buy orders will come.

🔝The above pressure levels: The above pressure levels are located at 4.5894-4.6134-4.6472 respectively. Whether the market can overcome these resistance levels will be key to determining whether long positions can continue to make profits.

⬇️Failure and pullback: If the market goes down and falls below the buy and sell price, it shows that the recovery has failed. At this point, the market could return around the three support levels of 4.5375-4.5088-4.4865.

Risk warning: There are risks in contract trading. Investors need to carefully evaluate their risk tolerance and plan a reasonable investment strategy when placing orders.

Wishing you luck and success with your investment! 💼

$WLD