$WLD is showing clear bearish pressure after failing to hold above the recent supply zone......
Price has broken down from consolidation and is now trading around 0.485, indicating sellers are in control. Continuous lower highs and lower lows suggest further downside continuation if price remains below the key resistance.
The trend remains bearish as long as $WLD stays below the 0.500 resistance zone. Weak structure and selling momentum favor continuation toward lower support levels
Entry Point: 0.490 – 0.500
Stop Loss: 0.515
Take Profit:
TP1: 0.470
TP2: 0.455
TP3: 0.430

