$WLD — Pullback After Rally, Prepare Accumulation Area!
Current price 0.5567 (+19.82%), down from high 0.6536 with large volume 547.88M USDT. RSI(6) at 40.37 indicates a light oversold condition in the short timeframe — there is potential for a bounce if strong support.
SWING SETUP — $WLD (Buy on Dip)
🎯 Entry Zone: 0.5300 – 0.5100
🛑 Stop Loss: 0.4850
✅ Take Profit 1: 0.6196
✅ Take Profit 2: 0.6536
✅ Take Profit 3: 0.6900
If the price can bounce from the support zone 0.5100–0.5300 with confirmation of increased volume, the first target 0.6196 and subsequently 0.6536–0.6900 is very likely.
Breakdown below 0.4850 will change the structure to bearish — delay entry.
Wait for bounce confirmation in the support area — do not rush in while the downtrend is still active!