$WLD Long Liquidation: $8.86K at $2.66609

What Happened?

A long position worth $8.86K on Worldcoin (WLD) was liquidated at $2.66609.

This shows strong selling pressure, as bulls failed to defend key support.

What’s Next?

1. Price Outlook:

If WLD drops below $2.65, the next support is $2.60.

A recovery above $2.68 could aim for $2.72 resistance.

2. Market Sentiment:

Long liquidations highlight weak buyer confidence.

Bears may dominate unless buying volume surges.

3. Key Signals to Monitor:

RSI: If oversold, WLD might rebound.

Volume: Low buying activity could lead to further drops.

4. Trading Ideas:

Short Strategy: Consider entering below $2.65.

Long Strategy: Wait for a clear move above $2.68 with strong volume.

Why This Matters:

Liquidations can accelerate price movements, creating opportunities for quick trades.

Stay cautious—WLD’s next move could define the trend!

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