🚨 $WLD Long Liquidation Alert! 🚨

Major drama unfolding with $WLD! A huge $7.6069K long position just got liquidated at $2.15553. This liquidation could set off a chain reaction in the market, causing wild price swings. Let’s break it down and see what could happen next!

What’s Happening?

The liquidation at $2.15553 shows that traders were betting on a rise, but now they’ve been forced out of their positions. This could mean some selling pressure ahead.

Watch out for potential volatility in the coming hours as the market reacts to this shake-up.

What’s Next for $WLD?

Current Price: Keep an eye on the $2.10 area. If $WLD holds above this level, it could be setting up for a bounce. But if it breaks below, expect the price to move towards $2.00 or even $1.90.

Resistance: $2.20 is a key resistance level. If $WLD can push past this, the next target is $2.30 or higher.

🔥Buy Zone: Consider entering at $2.00 - $2.10. If the price stabilizes around this level and shows signs of recovery, it could be a great buying opportunity.

🎯Target: A good short-term target is $2.20. If WLD breaks above that, aim for $2.30 as the next level of resistance.

🚨Stop Loss: Protect your position with a stop loss just below $1.90. This will help minimize losses if the price continues to drop.

Conclusion: The liquidation of the $7.6069K long position has created some turbulence in the market, so proceed with caution. Watch for price action around $2.00, $2.10, and $2.20. Always use a stop loss to manage your risk effectively.

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