Trading Plan Short $WLD


$WLD got rejected hard at the EMA21, failing to reclaim the daily open after a weak bounce.
Entry: $0.4100-$0.4200
Stoploss: $0.4280
Targets: $0.4020 / $0.3850 / $0.3600
WLD is printing a clear distribution pattern on the 1H, with smart money selling into strength around $0.4175. The EMA21 is acting as strong resistance, a classic sign of weakness. Funding is falling, indicating shorts are getting squeezed while price dips. Retail is trying to catch the falling knife near $0.4128 support, but it looks like a spring before a deeper markdown. Reclaim $0.4280, short thesis voided.
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WLD-7.80%
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