$WLD has rallied strongly and is now approaching a major resistance zone where upside momentum could begin to fade and sellers may start stepping in.

Trading Plan – Short $WLD

Entry: 0.460 – 0.480

SL: 0.505

TP1: 0.440

TP2: 0.410

TP3: 0.370

After an impressive recovery move, price is now testing a critical area that has the potential to trigger profit-taking and fresh selling pressure. Unless bulls manage to break through this zone with strong volume and conviction, the risk-reward favors looking for a rejection and a continuation to the downside.

Manage risk carefully, secure profits at targets, and adjust your stop loss accordingly as the trade develops.

DYOR (Do Your Own Research)

WLDUSDT

Perp

0.4925

+4.03%