$WLD is facing clear selling pressure 👎
The trend is downward on the daily and 4-hour charts, and the price is below all important moving averages. Currently, it is testing the 0.5688 area, with momentum downwards and RSI below 50 on the 15-minute timeframe 🔽
I see this as a suitable opportunity to enter a sell from here 🎯
Entry: 0.566 – 0.571
TP1: 0.559
TP2: 0.549
TP3: 0.540
SL: 0.578
The technical situation is negative and the structure is weak; any failure to break the current resistance could open the way for a deeper decline 📉
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WLDUSDT
Perp
0.5927
-6.72%
