WLDUSDT Will This Breakout Hold or Collapse?

7月17日

Yello, Paradisers! Are you ready to see if #WLDUSDT's recent breakout will lead to a bullish rally or a sharp decline?

💎#WLD has successfully broken out of its descending resistance with a strong green candle, signaling potential bullish momentum.

💎However, the price hasn't retested yet, and there's a high probability it might pull back to the demand zone at $2.41 before continuing its upward move towards the key supply level at $3.693. A break above this level is crucial for further upward movement toward our target area.

💎But what if WLD fails to break through and faces a hard rejection? In that case, we might see the price fall back into a support-resistance range, leading to sideways movement. Worse still, if WLD breaks below the support line, it could be a bad sign, causing the price to revisit the strong support at $2.066.

💎The bounce at this strong demand area is crucial. If WLD fails to bounce and breaks this support, the bullish scenario will be invalidated, and the price will likely dip further.

If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities.

MyCryptoParadise
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