WLD/USDT It required break to continue the upward movement !!💎 WLD has indeed garnered considerable attention in the market. Presently, WLD faces a rejection following its encounter with the supply area. There's a possibility that WLD might enter a retesting phase at the support area of $2.05, creating new momentum to break through the supply zone.
💎 However, an alternative scenario involves WLD directly breaking out of the supply area without a retesting phase, probability allowing for a sustained upward movement towards our target area determined using Fibonacci levels. This decision is based on the chart's ambiguous Wick or resistance and unclear supply dynamics.
💎 The unfavorable scenario unfolds if, during the retesting process at the support level, WLD struggles to maintain its position and experiences a breakdown. In such a case, WLD could retreat to the next lower support trendline within the ascending channel, specifically around $1.86. At this juncture, WLD would have a final opportunity for a resurgence by successfully reclaiming the support at $2.05. Failure to do so may result in WLD continuing its downward trajectory, eventually revisiting the key support area.
