$WLD – BEARS TAKE CONTROL, DOWNSIDE PRESSURE BUILDS
$WLD faced heavy selling after failing to hold above the $1.110 resistance, triggering a sharp drop toward $1.012. The bounce attempt was weak, and price is now consolidating just above the lows at $1.022, showing no strong bullish recovery. Increasing red volume bars indicate sellers are still active, and a breakdown below $1.012 could open the path to deeper losses.
Trade Setup: SHORT below $1.020
Targets: $1.012 / $1.000
Stop Loss: $1.030
With momentum favoring sellers and resistance overhead, the bearish outlook remains intact unless buyers reclaim key levels.
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