$WLD is currently displaying signs of a bearish breakdown, having failed to hold above the key resistance level of 1.308. The price action suggests a potential continuation to the downside, with momentum shifting in favor of the sellers. A possible short entry is identified at 1.250, with Target 1 at 1.180 and Target 2 at 1.100, offering a favorable risk-reward ratio if the downtrend gains traction. To protect against unexpected price reversals, a stop loss is recommended at 1.310. Traders should apply strict risk management, limiting position size to no more than 2–3% of total capital per trade to effectively control potential losses.
