WLD is pressing below stacked moving averages on the 4h.

🔴 SHORT $WLD /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.4346415 – 0.4359585
TP1: 0.4239624 (-2.6%)
TP2: 0.4164041 (-4.3%)
TP3: 0.4050665 (-6.9%)
SL: 0.4504168 (+3.5%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 4/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 31.4)

Why I like it:
WLD is a short candidate now because the 4h trend is down with the price below both the EMA50 and EMA200, and the 1h trend is also down. The 4h RSI is 31.4 and the 1h RSI is 42.5, both below 45, which means sellers have momentum. The daily trend is a range, so conviction is moderate.

Where do you place your invalidation level?

Full setup on the chart below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.