$WLD #WLD🔥🔥🔥
Analysis Summary (February 20, 2025)
Current Price: $1.173
Market Structure:
- Strong downtrend confirmed across all timeframes
- Price trading below all major MAs (MA7: $1.199, MA20: $1.265, MA50: $1.778)
- RSI at 34.31 (approaching oversold)
- MACD negative (-0.177) showing bearish momentum
- Volume below average (28.8% of 20-period average)
- Buy/Sell ratio: 0.464 indicating dominant selling pressure
Key Levels:
- Major Support: $1.15 (significant bid wall)
- Critical Resistance: $1.22 (immediate) and $1.265 (MA20)
Market Scenarios (4-12H):
1. Downtrend Continuation (60%): Targets $1.15 → $1.12 → $1.08
2. Consolidation (30%): Range $1.15-$1.22
3. Reversal (10%): Requires break above $1.22 with volume confirmation
Trading Recommendation:
- Strategy: Futures Short with 2x leverage
- Primary Entry: $1.21-1.22 (70% position)
- Secondary Entry: $1.265 (30% position)
- Stop Loss: $1.28
- Take Profits:
* $1.15 (40%)
* $1.12 (40%)
* $1.08 (20%)
- Risk:Reward = 1:2.8
Key Risks:
- Long squeeze potential above $1.22
- Low volume environment
- Weekend gap risk
Invalidation:
- Break and hold above $1.28
- Volume spike with strong buying pressure
- RSI break above 60
- Significant shift in order book imbalance
Watch for validation through volume expansion at key levels and order book depth changes. Overall setup shows 65% probability of success based on technical confluence.