🔴 $WLD/USDT – SHORT PREFERRED
$WLD is showing signs of weakness, with the EMA50 and EMA200 on both the 1H and 4H timeframes pointing downward. The 4H RSI is only at 38.6, indicating that sellers are still in control of the market.
📍 Entry zone: 0.3158 – 0.3167
🎯 TP1: 0.3082
🎯 TP2: 0.3028
🎯 TP3: 0.2948
🛑 Stop Loss: 0.3270
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1, move the SL to the entry point to protect your capital.
⚠️ The signal has medium confidence, so prioritize using a small position and managing risk. Wait for price to confirm selling pressure before entering the trade.