$WLD – Potential Short Setup ⚡
After a sharp move up from $0.95, price has reached $1.12 and is showing early signs of slowing down. The surge in volume during the rally hints at a possible reversal.
Short Trade Plan:
• Entry Zone: $1.10 – $1.12
• Target 1 (TP1): $1.02
• Target 2 (TP2): $0.97
• Target 3 (TP3): $0.92
Bias: Bearish, unless the price breaks above $1.15 with strong conviction. Momentum currently favours the downside, as buyers appear to be losing steam near the recent highs.
