$WLD šš Potential Bounce off 99 EMA: $WLD/USDT
š Trade Plan (Aggressive or Conservative Entry)
š¢ Aggressive Entry: Around $1.044$ (bounce off 99 EMA - higher risk)
š¢ Conservative Entry: Above $1.068 - $1.090$ (break of 7 & 25 EMAs)
š“ Stop Loss: $1.000$
šÆ Target 1: $1.164$
š Target 2: $1.200 - $1.230$
š Target 3: $1.260 - $1.300$
āļø Potential Risk-Reward Ratio (Conservative Entry to Target 1): ~0.82 (Less than ideal)
āļø Potential Risk-Reward Ratio (Conservative Entry to Target 2): ~1.22 (Better)
š Updated Technical Breakdown
š Potential bounce off 99 EMA. Price below short-term EMAs. Low RSI.
š§± Key Resistance: $1.068$, $1.090$, $1.164$, $1.259$.
š”ļø Key Support: $1.000$, $0.899$.
š Short-term EMAs below 99 EMA.
āļø Updated Trade Management
Tighter SL for aggressive entry.
Wait for EMA break for conservative entry.
Move SL to entry at Target 1.
Take partial profits.
š Final Thoughts
$WLD$ showing potential bounce but needs to break short-term EMAs for more confidence. Risk-reward to first target isn't great. Monitor closely. šš