WLD has recently shown a textbook-style stair-step rebound—its price climbed to around 0.631, firmly standing above the short-term moving average, and is now hovering near the 99-hour moving average (around 0.610), which is a pretty positive signal.

If it can cleanly break through the 0.645-0.650 range, then there’s a good chance it could reach up to 0.670 to 0.690 (the previous highs). On the downside, 0.620 (the 25-hour moving average) is the recent support, with a stronger bottom at the swing low of 0.556.

In terms of trading volume, there was indeed buying interest during the rally, but now it’s a bit sluggish. Still, as long as the price holds above the 99-hour moving average, the uptrend remains intact. These key levels are worth watching in the short term.