$WLD is trading at $3.795, with a slight decline of 0.13% today. The price is showing consolidation with significant volatility, indicating that a major move could be imminent.
š” Key Levels to Watch:
1. Resistance at $3.880 ā Breaking above this level could trigger a bullish rally.
2. Support at $3.750 ā Holding this level is essential to prevent further downside.
3. Target 1: $3.950 ā Immediate bullish target upon breaking resistance. Target 2: $4.050 ā Sustained buying momentum could push WLD to this level. Target 3: $4.200 ā Long-term bullish target if sentiment remains strong.
ā ļø Trade Setup:
Long Entry: Above $3.880 with targets at $3.950, $4.050, and $4.200.
Short Entry: Below $3.750 with downside targets at $3.700, $3.650, and $3.550.
Stop Loss: Place at $3.700 (long) or $3.850 (short) to manage risk effectively.
Note: WLD is at a critical juncture with heightened volatility. Monitor key levels for confirmation of breakout or breakdown, and apply tight risk management strategies.
