MyCryptoParadise

WLD/USDT Keep an eye on the support, Bouncing and back to UP!

BINANCE:WLDUSDT   WLD / TetherUS
πŸ’Ž WLD has recently demonstrated noteworthy market dynamics, experiencing a significant 300% upward movement after breaking out of a descending channel.

πŸ’Ž However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH).

πŸ’Ž There's a probability that WLD could also touch the Bullish Order Block (OB) before resuming its upward movement and retesting the Bearish OB area.

πŸ’Ž The Bullish OB represents a critical area for WLD, as a bounce from this level is essential. However, if WLD breaks below the Bullish OB, it could signal a reversal to a bearish trend, resulting in continued downward movement for WLD.

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