$WLD Long Liquidation Alert
A significant $5.0541K long position has been liquidated at $2.13886, signaling bearish pressure in the WLD market.
Key Market Levels:
Support: $2.10
Resistance: $2.20
The price is moving closer to the $2.10 support. A break below this level could push $WLD lower, while a bounce might lead to a retest of the $2.20 resistance zone.
Trading Plan:
• Buy Entry: Consider entering around $2.11 - $2.12, with a target of $2.20 and a stop loss below $2.09.
• Sell Entry: Short positions could be placed near $2.20, targeting $2.10, with a stop above $2.23.
Maintain strict risk management and watch for any volume spikes to validate the move.
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