WLD Key Level Watch - Conditional Short Setup

Similarly, the review and correction of WLD in the group chat. Regarding WLD, we can only observe that the previous decline did not form a new impulsive wave and did not make a new low. We can only say that the downtrend is weakening and entering a range. Unless the expected green scenario occurs and this support/resistance flip level is broken, we cannot say that WLD has reversed. Therefore, this is a key level where we need to observe the reaction. If the price attempts to break out but fails, and there is follow-through, this indicates a correction within the downtrend structure and presents a shorting opportunity. Only a strong breakout would constitute genuine evidence of a reversal.