Market Overview: $WLD has seen a significant drop of 5.75% today, with the price currently sitting at $2.755. Despite the dip, the token has traded a solid 37.44 million WLD in the past 24 hours, and there's considerable interest in the market with $107.25 million in USDT traded.
Key Levels to Watch:
Resistance: $2.998 – The recent high is a key level to break for potential upward momentum.
Support: $2.743 – The 24-hour low offers a critical support level to hold for further stability.
Price Movement:
Recent Price Action: $2.755 – A decrease of -3.87% on the 4-hour chart.
Current Range: $2.998 - $2.743.
Target Outlook: 📈 Short-Term Target: $2.85 - $2.90 (a recovery above $2.75 could lead to testing higher levels). 📉 Support Zone: $2.70 - $2.74 (if the price dips further, this range could offer potential buying opportunities).
WLD has faced some downward pressure, but with strong volume, it could recover if it holds above $2.74. Watch for a potential bounce to higher levels if support holds.
