WLD Bounces from Key Support: Bullish Reversal in Sight?
368
WLD has recently bounced from a key horizontal support zone, indicating potential for a bullish reversal if this level holds.
Support Zone: Price has reacted strongly from the $1.20–$1.30 range, a critical support level. Bullish Scenario: If WLD maintains this support, we could see a recovery towards the $2.00–$2.50 resistance levels in the coming weeks. Bearish Risk: A breakdown below this support could trigger further downside pressure, targeting lower levels. The RSI is showing signs of a possible reversal from oversold conditions, supporting the bullish case.