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Most traders are still long WLD—here’s why that’s a trap.
$WLD /USDT - SHORT
Trade Plan:
Entry: 0.5003 – 0.5063
SL: 0.5322
TP1: 0.4817
TP2: 0.4672
TP3: 0.4456
Why this setup?
4h bias is SHORT with 55% confidence. RSI on 15m sits at 48.1—no oversold relief. Entry at 0.5033 with TP1 at 0.4817, TP2 at 0.4672. Trend is range, not bullish. If 0.4934 invalidates, shorts lose edge.
Debate:
Are you fading the range or betting on a breakdown to 0.4672?