Long

$WLD: Flipping the 1W Level

appears to be flipping the 1W support zone that once fueled a parabolic run last year. A confirmed hold above this area can renew bullish momentum. Any sustained move below it would raise caution. This level acted as a springboard in the past, suggesting that similar strength might emerge if demand returns.

Potential Spot Entry: $2 – $1.85

The price corridor between $2 and $1.85 may serve as a favorable spot buy zone if dips in January. Buyers who missed earlier rallies could find a second chance to enter. Watch for volume spikes and strong bounces in this region. Repeated defenses of the low end can signal that sellers are getting absorbed.

Eye on January Dips

A short-term retracement might align with broader market seasonality or temporary profit-taking. If price action slides into $2 – $1.85, maintaining a long bias requires observable support confirmations, such as wicks or bullish candles. This area can become invalid if the token closes decisively below $1.85.

Managing Risk and Expectations

A stop loss slightly under $1.85 controls downside if weakness surfaces. If the market struggles to stabilize, a deeper pullback becomes possible. Using partial entries and scaling in with caution can help mitigate volatility. Watch how behaves around the weekly open and monthly pivot levels to refine timing.

Goldfinch_song

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