WLDUSDT broke above the downtrend trendline some time ago, signaling a potential shift in sentiment. Since then, it has consistently exhibited a pattern of higher highs and higher lows, confirming the presence of a valid uptrend. The current question on traders' minds is where the optimal entry point lies.
To address this, we've employed two key indicators: the ascending channel and Fibonacci retracement levels. The ascending channel has shown a significant bounce off its lower boundary, followed by rejections at the 61.8% and 50% Fibonacci support levels. As long as the price remains above the critical range of $1.48 to $1.56, we can anticipate WLDUSDT to potentially surge by nearly 100% in the coming weeks.
Our team will be closely monitoring this coin, and we'll promptly share a trade signal in our channel as developments unfold.