WLD 4H – Range Ceiling Test After Breakdown RecoveryWLD / TetherUSBINANCE:WLDUSDTBKVIPWLD on the 4H timeframe is currently trading around 0.3916 after breaking below a descending trendline near 0.3100–0.3150 in late July and dropping to a low near 0.2960–0.3000 before recovering, with price now pressing into the 0.3496–0.3560 horizontal resistance zone that has been a consistent pivot throughout the post-breakdown consolidation. The chart shows a descending trendline originating from the early July low near 0.3560, connecting the July 9 low near 0.3500 and continuing to slope downward into the 0.2960–0.3000 area before the breakdown low. Price ground steadily lower from the July high near 0.4400 through the 0.3800, 0.3600, and 0.3500 levels before the trendline gave way in late July and price dropped sharply into 0.2960–0.3000. A horizontal support level near 0.3300–0.3320 caught the July 28 and August 4 lows and has been a consistent floor through the post-breakdown range, with price repeatedly bouncing from it. The recovery from the breakdown low has pushed through 0.3300–0.3320 and now into the 0.3496–0.3560 resistance zone where the prior descending trendline previously sat. A secondary horizontal level near 0.3496–0.3500 has been the ceiling of the range since the recovery began, with multiple attempts to push above it fading back toward 0.3300–0.3320. Price has now been rejected from 0.3496–0.3560 multiple times across the post-breakdown range, with each recovery attempt producing a similar high before rolling over back toward the 0.3300–0.3320 floor. Key Levels To Watch → 0.4200–0.4400 Prior range high, major resistance above → 0.3800–0.3900 Mid-range resistance zone → 0.3600–0.3650 Prior breakdown zone, resistance → 0.3496–0.3560 Horizontal resistance, current test → 0.3300–0.3320 Horizontal support, range floor → 0.3060–0.3100 Secondary support, prior trendline zone → 0.2960–0.3000 Breakdown low, macro support floor A confirmed 4H close above 0.3496–0.3560 and follow-through above 0.3600–0.3650 would signal the range has resolved to the upside, opening a recovery toward 0.3800–0.3900 and potentially 0.4200–0.4400 on a fuller recovery. A rejection at 0.3496–0.3560 and a return below 0.3300–0.3320 would keep the range structure intact with bearish bias, and a confirmed close below 0.3060–0.3100 would reopen the risk of a retest of the breakdown low near 0.2960–0.3000. Multiple rejections at range ceiling with floor holding, range resolution pending. Break above 0.3560 → range resolved bullish, eyes on 0.3800–0.4200. Reject here and lose 0.3300–0.3320 → bearish structure reasserts, retest of 0.2960–0.3000 open. Bias neutral inside range. Shift bullish only on confirmed close above 0.3560.