š $WLD USDT Short Trade Signal šš»
BEARISH REVERSAL ā SELLING PRESSURE BUILDING
$WLD has shown a strong rally up to the $2.20 zone but is now facing rejection with a clear lower high and bearish candle formation. The breakdown below the $1.87 short-term support signals a potential trend reversal, with further downside likely if price fails to recover above that level.
š» Trade Setup (Short Signal):
š Entry Zone: $1.87 ā $1.82
šÆ Target 1: $1.50
šÆ Target 2: $1.30
šÆ Target 3: $1.10
ā Stop Loss: $2.05
š Market Outlook:
The recent strong selling from the $2.20 top shows loss of momentum from buyers. Bearish volume is increasing while price structure breaks down. As long as WLD stays under $1.90, short setups favor a deeper retracement. If the market remains weak, $1.10 could be tested again.
This setup gives a great R:R ratio for short traders aiming to catch a correction move.
š Tags:
#WLD #WLDUSDT #ShortTrade #BinanceFutures
š° Trade this setup now on Binance Futures $WLD