#WLDUSDT – Short Setup from Key Supply Zone

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#WLDUSDT – Short Setup from Key Supply ZoneWLD / TetherUSBINANCE:WLDUSDTCryptoAnalystSignal#WLD The price is moving within a bearish channel on the 1-hour timeframe; it has reached the lower boundary and is poised to break through it. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a bearish trend, which is likely to persist given the overbought conditions. There is a key resistance zone (marked in green) at 0.4422; the price has previously bounced off this level, establishing it as a strong support level. A consolidation trend is observed above the 100-period moving average, a level we are currently approaching. This setup supports a potential decline toward that level. Entry Price: 0.4035 Target 1: 0.3932 Target 2: 0.3820 Target 3: 0.3693 Stop Loss: At the green resistance zone. Remember this simple rule: manage your capital wisely. Please leave a comment if you have any questions. Thank you.