$WLD 🌐🚀 Potential Bounce off 99 EMA: $WLD/USDT
🔍 Trade Plan (Aggressive or Conservative Entry)
🟢 Aggressive Entry: Around $1.044$ (bounce off 99 EMA - higher risk)
🟢 Conservative Entry: Above $1.068 - $1.090$ (break of 7 & 25 EMAs)
🔴 Stop Loss: $1.000$
🎯 Target 1: $1.164$
📈 Target 2: $1.200 - $1.230$
🏆 Target 3: $1.260 - $1.300$
⚖️ Potential Risk-Reward Ratio (Conservative Entry to Target 1): ~0.82 (Less than ideal)
⚖️ Potential Risk-Reward Ratio (Conservative Entry to Target 2): ~1.22 (Better)
📊 Updated Technical Breakdown
👀 Potential bounce off 99 EMA. Price below short-term EMAs. Low RSI.
🧱 Key Resistance: $1.068$, $1.090$, $1.164$, $1.259$.
🛡️ Key Support: $1.000$, $0.899$.
📉 Short-term EMAs below 99 EMA.
⚙️ Updated Trade Management
Tighter SL for aggressive entry.
Wait for EMA break for conservative entry.
Move SL to entry at Target 1.
Take partial profits.
💭 Final Thoughts
$WLD$ showing potential bounce but needs to break short-term EMAs for more confidence. Risk-reward to first target isn't great. Monitor closely. 🌐🚀