WLD/USDT Significant bounce, Ready to make new ATH ??

💎 WLD has consistently captured market attention, particularly due to its repeated interactions with the Bullish Order Block (OB) area. Notably, WLD has demonstrated resilience by bouncing back significantly each time it approaches this area.

💎 Market analysts are closely monitoring the potential for WLD to form a strong green or bullish rejection candle on the daily chart, which could signal an upward trajectory and an attempt to break out of the current pattern. Such a move probability could pave the way for WLD to reach its target area more smoothly.

💎 The Bullish OB area is a pivotal zone for WLD, also marked by the presence of a supporting bullish trendline. This area's significance cannot be overstated, as it has repeatedly served as a foundation for WLD's bounce-backs.

💎 However, should WLD fail to sustain its position in this area, or if it breaks below this critical level, it could be a harbinger of a bearish trend. A breakdown of this area would not only signify a breach of the bullish trend but could also trigger a shift towards a downward movement, potentially leading WLD to approach the lower support levels.