Price is trading far above the 200 EMA and continues to print higher highs and higher lows. The breakout above 0.38 triggered strong momentum toward 0.4444.
Resistance:
* 0.4444
* 0.4530
* 0.4800
Support:
* 0.4150
* 0.3780
* 0.3410
Bullish case:
As long as WLD holds above 0.4150, bulls remain in control. A breakout above 0.4444 could open the door toward 0.45–0.48.
Bearish case:
After a 25%+ rally, some profit-taking is normal. Losing 0.4150 could trigger a pullback toward 0.3780, but the overall trend would remain bullish above the EMA200.
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