#WLD/USDT– Short Setup from Key Supply Zone

Wait 5 sec.

#WLD/USDT – Short Setup from Key Supply ZoneWLD / TetherUSBINANCE:WLDUSDTCryptoAnalystSignal#WLD The price is moving within an ascending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key resistance zone (in green) at 0.4130, which the price has bounced off several times, making it a strong support level. A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level. Entry Price: 0.4050 First Target: 0.3970 Second Target: 0.3863 Third Target: 0.3728 Stop Loss: At the resistance zone (in green). Remember this simple rule: Manage your money wisely. For any questions, please leave a comment. Thank you.