Trade Setup: $WLD Bullish Breakout (4H / Daily)
After a 7-day base between $0.46-$0.53, $WLD surged +15.2% to $0.580 with $72M+ volume, breaking key resistance.
• Bias: Bullish Continuation
• Entry Zone: $0.545 - $0.562 (retest) or 4H close > $0.586
• Target 1: $0.635 (+13%)
• Target 2: $0.690 (+23%)
• Invalidation (SL): $0.515
• Risk / Reward: ~2.8:1
1H RSI is near overbought (72), so chasing green candles here carries risk. Wait for the retest of $0.55 flipped support.
Are you playing the retest or staying on the sidelines?
#WLD #Trading #BinanceSquare
After a 7-day base between $0.46-$0.53, $WLD surged +15.2% to $0.580 with $72M+ volume, breaking key resistance.
• Bias: Bullish Continuation
• Entry Zone: $0.545 - $0.562 (retest) or 4H close > $0.586
• Target 1: $0.635 (+13%)
• Target 2: $0.690 (+23%)
• Invalidation (SL): $0.515
• Risk / Reward: ~2.8:1
1H RSI is near overbought (72), so chasing green candles here carries risk. Wait for the retest of $0.55 flipped support.
Are you playing the retest or staying on the sidelines?
#WLD #Trading #BinanceSquare