Watching $WLD for a potential short opportunity

As long as $WLD stays below SMA25, it looks primed for a leg down, with a potential target of support around 0.2952

Close is below SMA7 and SMA25, 10-bar trend is bearish, volume is flat to falling

A daily close above 0.38 breaks this setup

Are you shorting this move on $WLD or waiting for a reversal?