$WLD Short Liquidation: $12.294K at $2.40767
$WLD has seen a significant short liquidation, setting the stage for potential price action.
Here's your focused guide:
Current Snapshot
Liquidation Price: $2.40767
Liquidation Value: $12.294K
Next Move
Buy Zone
Entry Range: $2.38 to $2.42
Reason: This range shows strong support and accumulation potential.
Targets
Target 1: $2.50 (First resistance level)
Target 2: $2.60 (Major breakout zone)
Target 3: $2.75+ (If bullish momentum strengthens)
Stop Loss
Level: $2.35
Reason: Protects against sudden drops below support levels.
Market Overview
Sustaining above $2.40 is critical for upward momentum.
A fall below $2.38 could lead to further downside pressure.
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