Big Move on $WLD ! A short liquidation worth $1.2493K just happened at $2.59739!
Bulls are taking charge, pushing bears out of the game.
Is this the start of a strong rally? Stay tuned for action!"
Important Details:
1. Short Liquidation: Sellers betting on a price drop were forced out, signaling bullish momentum.
2. Key Price Level: $2.59739 is a critical zone to watch as the market reacts.
3. Market Sentiment: Bulls are gaining strength, suggesting potential for upward movement.
Next Move:
If Bullish (Price Rising): Look to buy if the price breaks above the resistance level and holds steady.
If Bearish (Price Falls): Be cautious and sell if the price drops below support with strong selling pressure.
Support and Resistance Levels:
Support: $2.5700 (a potential bounce zone if the price dips).
Resistance: $2.6300 (key level to break for further upward movement).
Final Suggestion:
Buy if WLD breaks and holds above $2.6300 with strong volume.
Sell if it struggles to stay above $2.59739 and starts moving toward $2.5700.
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