$WLD /USDT TECHNICAL ANALYSIS – BINANCE TRADE IDEA

Status: BEARISH BIAS – BREAKDOWN WATCH

Current Price: $0.916

24H Range: $0.891 – $0.968

24H Change: -1.61%

Volume (WLD): 43.99M

Volume (USDT): 40.78M

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🔻 Market Outlook:

$WLD /USDT is struggling to maintain support above the $0.90 level. A descending pattern is forming, and bullish attempts above $0.96 are being rejected. Price action suggests potential continuation to the downside if $0.89 support fails.

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📉 Bearish Trade Setup:

🔹 Entry Zone: $0.925 – $0.935 (on minor bounce)

🔸 Take Profit Targets:

T1: $0.880

T2: $0.840

T3: $0.790

🛑 Stop Loss: $0.970

📌 Key Resistance: $0.960

📌 Key Support: $0.891

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📊 Technical Summary:

The price has rejected from the $0.96–$0.98 supply zone several times and is now testing the lower range of its consolidation. If selling pressure continues and breaks the $0.89 mark, the decline may accelerate toward $0.79.

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⚠️ Note: Ideal entry is near previous support turned resistance zones. Watch for weakness near $0.93 before entering. Adjust SL tightly due to intraday volatility.

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