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Most traders just watched WLD drop to 0.3876—I’m treating it as a gift.
$WLD /USDT - LONG
Trade Plan:
Entry: 0.3859 – 0.3893
SL: 0.3658
TP1: 0.4040
TP2: 0.4149
TP3: 0.4312
Why this setup?
4h timeframe shows a 15m RSI of 30.22 (oversold). ATR at 0.00699 suggests low volatility compression—breakouts from here are explosive. With 84% confidence LONG, the entry zone (0.3859-0.3893) aligns with a potential relief bounce against the bearish 1D trend.
Debate:
Is 0.3876 the bottom or just a dead cat before 0.3658?