🔴 $WLD /USDT · Bias: SHORT
Sellers are driving the move with ADX above 28, so price should fall from current levels.
Entry: 0.3748837 – 0.3777163
TP1: 0.3521370 (-6.4%)
TP2: 0.3360284 (-10.7%)
TP3: 0.3118654 (-17.1%)
SL: 0.4085173 (+8.6%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down.
Risk: BTC is rising, this coin follows (corr 0.68)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short has room to run?
Sellers are driving the move with ADX above 28, so price should fall from current levels.
Entry: 0.3748837 – 0.3777163
TP1: 0.3521370 (-6.4%)
TP2: 0.3360284 (-10.7%)
TP3: 0.3118654 (-17.1%)
SL: 0.4085173 (+8.6%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down.
Risk: BTC is rising, this coin follows (corr 0.68)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short has room to run?
