$WLD #Arabicwhales #AltcoinStars #MyFamily #Everyone
### WLDUSDT Technical Analysis (15-minute chart)
#### 1. **Current Trend**:
The market is showing a **strong bullish trend** as the price rose from around $1.80 to a high of $2.11. The 7-period moving average (yellow line) is crossing above the 25- and 99-period moving averages, indicating bullish momentum.
#### 2. **Support and resistance levels**:
**Immediate Resistance**: $2.11 (recent high)
- **Support Level**: $2.01 (recent bounce level, slightly below current price)
- **Strong Support**: $1.89 (previous consolidation area)
#### 3. **Japanese Candlestick Analysis**:
The recent candles are showing **signs of hesitation** near the $2.06 level, which could indicate a possible consolidation or a slight pullback before the move continues. The previous large green candles indicate that buying pressure was driving the price strongly higher.
#### 4. **Indicators and Oscillators**:
- **MACD**: Slightly positive but very close to the signal line, indicating that the momentum is still bullish but may be weak.
- **RSI(6)**: Currently at around 62, indicating that the market is not yet in an overbought zone but is approaching it, leaving room for further upward movement.
**Volume**: Volume has decreased slightly after the peak of the uptrend, indicating a slowdown in market activity, which may indicate the need for consolidation or a small correction before completing the uptrend.
#### 5. **Wave Analysis**:
The chart appears to have completed an impulsive wave with the recent rise to $2.11. It may now enter a corrective phase (ABC wave) or consolidation before the next move.
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### Trading recommendations:
#### Short term (day trading):
- **Entry**: It is preferable to enter **buy** at **$2.02 - $2.06** if the price maintains the support level at $2.01.
- **Stop Loss**: Place your stop loss at **$1.98** (below the recent consolidation and support area).
**Take Profit**: Target **$2.12-$2.13** (next resistance level and recent high).
#### In the long term:
- **Entry**: A break above **$2.12** (with volume confirmation) will signal further upside potential. In this case, buy entry at **$2.15**.
- **Stop Loss**: Place a long-term stop loss at **$1.89** (below strong support).
- **Take Profit**: Set target at **$2.25 - $2.30**, based on continuation of uptrend.
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### 📈 **Trading Recommendation**:
Enter **Buy** at **$2.05**, using **2x leverage**, with **Stop Loss** at **$1.98** and **Take Profit** at **$2.13** for the short term move.
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