$WLD downtrend, dropping sharply from 0.57 to a local low of 0.49. It is currently trading around 0.50, testing immediate support. The structure is making lower highs and lower lows, with momentum favoring the downside.
🎯 Trading Scenarios
Priority is given to SHORT setup due to the prevailing macro correction and the clear rejection from the 0.57 zone.
🔴 $WLD SHORT Scenario (Primary)
· Entry: Look for a retest of 0.51 - 0.52 resistance zone
· SL: above recent swing high 0.53
· TP: 0.49-0.47
🟢 $WLD LONG Scenario (Secondary)
· Entry: Consider a bounce from strong demand zone at 0.49 - 0.50
· SL: below local low at 0.48
· TP:
· TP1: 0.52
· TP2: 0.54
· TP3: 0.55
Support me just Trade here👇
#wld #Worldcoin
🎯 Trading Scenarios
Priority is given to SHORT setup due to the prevailing macro correction and the clear rejection from the 0.57 zone.
🔴 $WLD SHORT Scenario (Primary)
· Entry: Look for a retest of 0.51 - 0.52 resistance zone
· SL: above recent swing high 0.53
· TP: 0.49-0.47
🟢 $WLD LONG Scenario (Secondary)
· Entry: Consider a bounce from strong demand zone at 0.49 - 0.50
· SL: below local low at 0.48
· TP:
· TP1: 0.52
· TP2: 0.54
· TP3: 0.55
Support me just Trade here👇
#wld #Worldcoin
