$WLD Long Liquidation Analysis

💥 Current Long Liquidation: $126.6K, Price: $2.28631

Market Overview

$WLD (Worldcoin) has seen a significant long liquidation at $2.28631, indicating the potential for a bearish pullback or a shift in market sentiment.

This could create an opportunity for short positions or a cautious buy once the trend stabilizes.

Trading Strategy: Next Steps

Sell/Short Plan (Bearish Strategy)

Short Zone

Entry Range: $2.25 to $2.30

Tip: Wait for stability or a minor push upward within this range before entering a short position.

Targets (Take Profits)

Target 1 (Short-Term): $2.10

Target 2 (Mid-Term): $2.00

Target 3 (Long-Term): $1.90

Stop Loss

Stop Loss Level: $2.35

Reason: A rise above this level could signal the continuation of the uptrend.

Buy Plan (Bullish Reversal)

If WLD shows signs of stabilization and a reversal, here’s how to approach the buy side:

Buy Zone

Entry Range: $2.00 to $2.15

Tip: Look for a bounce from the lower levels before entering a buy.

Targets (Take Profits)

Target 1 (Short-Term): $2.30

Target 2 (Mid-Term): $2.50

Target 3 (Long-Term): $2.75

Stop Loss

Stop Loss Level: $1.90

Reason: If the price falls below this level, the bullish reversal might fail.

Key Tips for Traders

1. Risk Management: Whether going short or long, risk only 1-2% of your portfolio to manage potential losses.

2. Volume and Sentiment: Confirm market sentiment and volume before making decisions—especially after such significant liquidations.

3. News Watch: Watch for news or announcements related to WLD, as they can affect price action quickly.

⚡ Possible Scenario: If $WLD fails to hold above $2.10 and breaks down further, the price could test $2.00 or lower. However, a bounce near $2.00 may lead to a rally toward $2.30 and beyond. Trade wisely and stay alert!

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