šŸŸ¢šŸ“Š WLD/USDT Trade Signal šŸš€

Current Price: $1.688

Timeframe: 4H,

šŸ”» Down Channel: The pair is trading in a descending channel, testing the Support Area. This suggests a potential bounce is near.

šŸŸ¢ Support Area: The green zone around $1.65-$1.70 is a critical support level. Any reaction here could initiate a trend reversal.

šŸ“ˆ Bullish Outlook:

ā€¢ Target 1: $1.796

ā€¢ Target 2: $1.954

ā€¢ Target 3: $2.201

Once a breakout occurs from the current level, expect a strong bullish move towards these targets!

šŸ“Š RSI Indicator:

ā€¢ The RSI shows a bullish divergence (marked by the orange line). A move above 45.57 signals momentum shift.

ā€¢ Currently at 34.05, indicating the market is oversold, suggesting a possible upward reversal soon.

šŸ’” Strategy:

ā€¢ Buy Zone: Around $1.65-$1.70

ā€¢ Take Profit: Scale out at the above targets

ā€¢ Stop Loss: Consider placing below $1.60 to manage risk

āš ļø Trade Wisely!

Disclaimer : DYOR and NFA.

$WLD

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