The $WLD /USDT market currently presents a favorable short trade setup, capitalizing on bearish momentum and resistance at the $2.20 level.
Trade Details:
Entry Zone: $2.17 - $2.20
Take Profit Targets:
TP1: $2.10
TP2: $2.05
Stop Loss: $2.24
Analysis:
With resistance solidifying at $2.20 and bearish momentum evident, this setup offers a strong risk-to-reward ratio for short sellers. Adhering to the stop-loss level at $2.24 is crucial to manage potential reversals.
Stay disciplined and monitor market conditions closely for optimal execution!
