$WLD /USDT Technical Analysis

Current Price: $0.4970 (-3.68%)

24h Range: $0.4938 – $0.5204

24h Volume: 18.27M WLD / 9.21M USDT

Key Levels

Resistance: $0.505 – $0.520

Support: $0.490 – $0.493

Critical Level: $0.500 psychological round number

Price Action & Trend

Short-term: Slightly bearish with a 3.68% drop, testing lower support around $0.493–$0.490.

Mid-term: Consolidation is possible between $0.490 – $0.505 unless strong breakout momentum appears.

Key observation: Price is below the 0.500 mark, indicating minor weakness and potential for further pullback if support fails.

Trading Strategy

Aggressive Long: Buy near $0.493–$0.490 with tight stop-loss at $0.488.

Safe Long: Wait for confirmation above $0.500–$0.505 before entering.

Short: Only consider if $0.490 support breaks decisively, targeting $0.484 – $0.480.

Summary

WLD/USDT is in a minor bearish correction with crucial support at $0.490. Watch for price action around $0.500—reclaiming this level could trigger a bounce toward $0.505–$0.520, while a break below $0.490 could open the door for further downside.

If you want, I can also draw a quick support/resistance chart with possible bounce and breakout zones for WLD/USDT to make it visually clear. Do you want me to do that?