ask Powell. he is the one who crashed the market 🤷‍♂️

A $25.1K long position on $WLD (Worldcoin) was liquidated at $2.220.

The trader anticipated a price rise, but WLD dropped, leading to liquidation.

Why Did This Happen?

1. Bearish Price Action: WLD experienced a sharp decline, defying bullish expectations.

2. High Leverage: Overleveraging amplified the trader's risk, causing liquidation.

3. Market Sentiment: Weak demand or external factors likely contributed to the price drop.

What’s Next?

For Traders:

1. Reduce Leverage: Use moderate leverage to avoid large losses during price swings.

2. Set Stop-Loss Orders: Protect positions by setting stop-losses at key levels.

3. Watch Support Levels: $2.220 could become a critical support zone for WLD.

For WLD Investors:

1. Observe Price Trends: Monitor whether WLD stabilizes or continues its downward trend.

2. Stay Updated: Look for news or developments impacting Worldcoin’s ecosystem or market perception.

3. Potential Entry Point: A price correction might offer opportunities for long-term investors.

Final Thoughts

This liquidation serves as a reminder of crypto’s volatility.

Always manage risks wisely, stay informed about market trends,

and trade cautiously to navigate unpredictable movements effectively

#CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall