$WLD /USDT – Bearish Pullback From Resistance (Range Weakness)
WLD is facing rejection near the 0.505 – 0.510 resistance zone and is currently trading lower, suggesting a bearish pullback / range continuation. Price remains weak below resistance, and buyers need to reclaim key levels to regain momentum.
📊 Technical Overview
Clear rejection from 0.510 resistance
Price trading below short-term resistance
Structure favors pullback or sideways consolidation
Volume does not yet support a strong bullish breakout
🟢 Trade Setup (Long – Conditional)
Entry Range:
➡️ 0.4870 – 0.4910
Target 1:
🎯 0.5000
Target 2:
🎯 0.5050
Target 3:
🎯 0.5200
Stop Loss (SL):
🛑 0.4800
🔻 Short Outlook
If price fails to hold above 0.4870 and confirms a breakdown:
Expect continuation toward 0.4840 → 0.4700
Short bias remains valid below 0.4870
Any rejection near 0.500 – 0.505 can also offer short-term short opportunities
📌 Summary
Market Bias: Bearish pullback
Key Resistance: 0.505 – 0.510
Key Support: 0.487 – 0.484
Invalidation: Sustained move above 0.510
