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How long can WLD longs hold at the support around 0.372?
$WLD /USDT - SHORT (short sell)
Trading plan:
Entry: 0.371 – 0.373
SL: 0.383
TP1: 0.363
TP2: 0.358
TP3: 0.349
Why focus on this structure?
The 1D trend is clearly bearish, and the 4h signal is SHORT with 95% confidence. The current 15m RSI is only 46.63 and has not oversold yet, so downside room remains. The 1h ATR is just 0.004748, volatility is low—this is the right time to enter in line with the trend.
Discussion:
If you enter around 0.372, would you set your TP at 0.363 or wait for 0.358?