$WLD

/USDT Technical Analysis and Trade Signal 🚀🎯

Technical Analysis:

1. Current Price: $2.81

2. Bollinger Bands:

Upper Band: $3.091 (potential resistance)

Middle Band: $2.942 (immediate target if momentum sustains)

Lower Band: $2.794 (support level)

3. Parabolic SAR: $2.986

Indicates a potential upward momentum if price sustains above $2.81.

4. Volume: High 24-hour trading volume (139.76M WLD) supports bullish interest.

5. Momentum (MACD): The data suggests bullish momentum aligning with the current price breakout.

Trade Signal:

Momentum: Bullish (short-term).

Entry Zone: $2.78 - $2.82 (accumulation near the middle Bollinger Band).

🎯 Target Levels:

1. Target 1: $2.94 (near Bollinger MB, conservative take-profit zone).

2. Target 2: $3.06 (24h high and key resistance level).

3. Target 3: $3.10 - $3.12 (extension to the upper Bollinger Band).

Stop-Loss: $2.75 (below Bollinger DN and recent support).

Strategy:

Short-Term Trade:

Look for a break above $2.82 with increasing volume for confirmation.

If rejected near $2.94, reduce positions to minimize risk.

Trade Momentum: Positive; supported by volume and Bollinger Band breakout potential.

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