WLDUSDTPERP PERPETUAL MIX CONTRACT
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$WLD: Range Play Setup

338
Looking at the H12 timeframe, the recent pump was fueled by strong momentum and retail inflow, but this latest cooling-off period is a natural mean reversion after hitting range resistance.

I’m currently focused on playing this range rather than chasing the current price action. I’m waiting for a clean sweep of the range lows followed by a swift reclaim. I plan to initiate a swing long only after that reclaim is confirmed.

Targets:
~ TP1: 0.3285
~ TP2: 0.4050

Patience is the edge here. Letting the market offer the liquidity grab before entering.
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Unfortunately, price didn't drop to fill my long and it already did a 2x.

The next logical move is to wait. There are two scenarios:

Short only after a rejection from the 0.66 zone, it needs to form a bearish structure and a sweep to confirm the setup.

Wait for a catalyst to drive the price down to enter a long.
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