WLDUSDT Will This Breakout Hold or Collapse?
Yello, Paradisers! Are you ready to see if #WLDUSDT's recent breakout will lead to a bullish rally or a sharp decline?
đź’Ž#WLD has successfully broken out of its descending resistance with a strong green candle, signaling potential bullish momentum.
đź’ŽHowever, the price hasn't retested yet, and there's a high probability it might pull back to the demand zone at $2.41 before continuing its upward move towards the key supply level at $3.693. A break above this level is crucial for further upward movement toward our target area.
đź’ŽBut what if WLD fails to break through and faces a hard rejection? In that case, we might see the price fall back into a support-resistance range, leading to sideways movement. Worse still, if WLD breaks below the support line, it could be a bad sign, causing the price to revisit the strong support at $2.066.
đź’ŽThe bounce at this strong demand area is crucial. If WLD fails to bounce and breaks this support, the bullish scenario will be invalidated, and the price will likely dip further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
đź’Ž#WLD has successfully broken out of its descending resistance with a strong green candle, signaling potential bullish momentum.
đź’ŽHowever, the price hasn't retested yet, and there's a high probability it might pull back to the demand zone at $2.41 before continuing its upward move towards the key supply level at $3.693. A break above this level is crucial for further upward movement toward our target area.
đź’ŽBut what if WLD fails to break through and faces a hard rejection? In that case, we might see the price fall back into a support-resistance range, leading to sideways movement. Worse still, if WLD breaks below the support line, it could be a bad sign, causing the price to revisit the strong support at $2.066.
đź’ŽThe bounce at this strong demand area is crucial. If WLD fails to bounce and breaks this support, the bullish scenario will be invalidated, and the price will likely dip further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
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Follow a team of traders with 10+ years of experience?
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