$WLD
IS SHOWING A BULLISH RECOVERY SETUP
After the sharp rejection from $0.4212, WLD corrected heavily and found buyers around $0.3753.
Now price is bouncing back toward $0.39, with the $0.383–$0.375 zone acting as important support. The next key resistance sits around $0.393–$0.403.
If bulls break and hold above $0.403, WLD could push toward $0.413 and potentially retest the $0.4212 high.
As long as $0.375 support holds, I’m keeping the bullish recovery scenario open. A break below $0.375 would weaken the setup and could bring deeper downside.
Correction happened. Buyers returned. Now the breakout levels matter.
Bias: Bullish recovery
Trade on $WLD #SamsungSKHynixLeveragedETFsPostFirstMonthlyOutflow #OilHoldsLosses
IS SHOWING A BULLISH RECOVERY SETUP
After the sharp rejection from $0.4212, WLD corrected heavily and found buyers around $0.3753.
Now price is bouncing back toward $0.39, with the $0.383–$0.375 zone acting as important support. The next key resistance sits around $0.393–$0.403.
If bulls break and hold above $0.403, WLD could push toward $0.413 and potentially retest the $0.4212 high.
As long as $0.375 support holds, I’m keeping the bullish recovery scenario open. A break below $0.375 would weaken the setup and could bring deeper downside.
Correction happened. Buyers returned. Now the breakout levels matter.
Bias: Bullish recovery
Trade on $WLD #SamsungSKHynixLeveragedETFsPostFirstMonthlyOutflow #OilHoldsLosses
