
$WDC IS APPROACHING A CRITICAL DEMAND ZONE AFTER A 12% DROP!
Trading Plan Long $WDC
Entry: 478 – 479
SL: 476
TP1: 483
TP2: 490
TP3: 502
The asset has fallen from 549 to 478.36 — a 12% decline. The RSI reading at 13 suggests the asset is oversold. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 4-hour chart shows a steady decline, but the momentum is slowing significantly. This level has historically attracted buyers, and support tends to hold until there's a significant shift in market structure. If buyers defend this zone, the next resistance areas to monitor are 483 and 490, with deeper liquidity resting at 502 — a 5% upside from entry. The stop is placed tight at 476, below the recent low
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