Technical Analysis – Bounce Incoming or More Downside?
🕒 15m Chart | Binance | May 19, 2025
📊 Observations:
Key support at $1.063 held firm
Price attempting a recovery — last candle shows minor buying pressure
MACD: Bearish but flattening → possible shift
Stoch RSI: Entering oversold zone again
99 MA acting as a short-term dynamic support
⚠️ What to Watch:
If $WLD breaks above $1.11 with volume and closes strong, we could see a rally to $1.14–$1.16
🚫 Stop-loss idea: Below $1.08
🎯 Risk/Reward: 1:3 potential if bounce plays out
$WLD is dancing on the edge...
Oversold Stoch RSI ✅
MACD trying to flip ✅
Watching $1.11 breakout level closely 👁
My trade idea (not financial advice):
✅ Enter on breakout with volume
🔻 SL: $1.08 | 🔺 TP: $1.16
#WLD #CryptoTrading #Altcoins2025 #Binance #ScalpSetup