#WLDUSDT Perp: Extreme Overbought - Pullback Incoming! ⚠️
Current Price: $1.21540 (+7.23%)
24h Range : $1.11100 - $1.24524
Volume: 19.90M WLD ($23.58M USDC)
Critical Warning Signs
1. Extreme Overbought:
- Stochastic RSI: 100 (MAX overbought! 📉).
- RSI(6): 75.68 (overheated momentum).
- OBV: -111.79M (heavy distribution/selling pressure).
- Price above upper Bollinger band (1.21379)** – unsustainable.
2. Sentiment Risk:
- 73.36% accounts long (crowded trade → liquidation fuel).
- Volume fading below averages – weak follow-through.
---
Trade Strategy: Tactical Short or Wait for Dip
✅ Best Entry:
- Short: On 15m close below $1.21380 (upper band breakdown).
- Long: Only near $1.15000 (middle band + RSI reset).
🎯 Exit Targets:
- Short TP1: $1.17000 → TP2: $1.15000 (middle band).
- Long TP1: $1.21380 → TP2: $1.24500 (24h high).
❌ Stop Loss:
- Short: $1.22500 (above recent swing).
- Long: $1.14000 (below key support).
Surety Rate: 80% (Pullback to $1.17 Likely)
- Why? STOCHRSI 100 + negative OBV + volume divergence = HIGH reversal probability.
- Max Risk: Use ≤1% capital – AI coins are volatile!
#WLDUSDC #Overbought #BearishDivergence #CryptoPerps
⚠️ Crucial Note:
> "Shorts are SCALP plays (1-2h). Longs require RSI <50 confirmation. Watch for OBV reversal as exit signal!"
Trigger Confirmation:
- Bearish: 15m candle close below $1.21000.
- Bullish: OBV flip positive + volume >3M WLD.
Trade Safe – This is a technical correction call, not a fundamental one