📉 Altcoin $WLD — short continuation setup👇
👉Price is forming a descending triangle on M5, with rising support getting weaker under a strong horizontal / descending resistance zone around 0.2520 – 0.2535.
The overall short-term structure remains bearish as price trades below the key moving averages, while each bounce shows weaker momentum.
📊 RSI is rolling over from neutral levels, suggesting buyers are losing strength.
📈 Volume is starting to increase near resistance, which often precedes a breakdown move if sellers step in.
💡 Technical scenario
🎯 Short entry zone: 0.2518 – 0.2532
🎯 Targets: 0.2510 → 0.2490 → 0.2470
⛔️ Stop-loss: above 0.2538
⚠️ A breakdown of the lower triangle trendline with volume confirmation could accelerate the move down.
If price reclaims 0.2535 and holds above it, the short setup becomes invalid.