Trader Rai
--
What.
Wait.. Guy's
Read it now..... $WLD has broken down from a descending channel and is now consolidating near the 0.53 zone, signaling short-term indecision after a sharp sell-off. This range-bound price action suggests sellers are losing momentum, but buyers still need a clean reclaim above local resistance to confirm a bounce. As long as price holds above the recent lows, a relief move toward the broken structure zone remains possible, while failure here could invite another leg down.
Trade Setup:
Entry Zone: 0.5200 – 0.5350
Stop-Loss: 0.5050
Take Profit 1: 0.5550
Take Profit 2: 0.5800
Take Profit 3: 0.6100
#WLD
{spot}(WLDUSDT)
Wait.. Guy's
Read it now..... $WLD has broken down from a descending channel and is now consolidating near the 0.53 zone, signaling short-term indecision after a sharp sell-off. This range-bound price action suggests sellers are losing momentum, but buyers still need a clean reclaim above local resistance to confirm a bounce. As long as price holds above the recent lows, a relief move toward the broken structure zone remains possible, while failure here could invite another leg down.
Trade Setup:
Entry Zone: 0.5200 – 0.5350
Stop-Loss: 0.5050
Take Profit 1: 0.5550
Take Profit 2: 0.5800
Take Profit 3: 0.6100
#WLD
{spot}(WLDUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.