WLD is currently trading inside a descending channel on the 3-day chart. The price has recently shown strong bullish momentum and is approaching the upper boundary of the channel as well as a key resistance zone.
A breakout above this zone could lead to a significant bullish continuation. Volume has started to pick up, indicating increasing interest. If the price manages to flip the resistance into support, we could potentially see a rally towards the $5.00 - $10.00 zone.
A breakout above this zone could lead to a significant bullish continuation. Volume has started to pick up, indicating increasing interest. If the price manages to flip the resistance into support, we could potentially see a rally towards the $5.00 - $10.00 zone.
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.