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$WLD (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.610 - 0.624
Targets:
TP1: 0.596
TP2: 0.582
TP3: 0.566
Stop Loss: 0.639
Why this Setup:
I’m leaning short while price keeps failing to reclaim the 0.62 to 0.64 area after the prior rally, which suggests momentum is fading. I want to sell into strength on a weak bounce and look for a pullback toward the recent support zones.