$WLD Long Liquidation Alert: Bulls on the Brink!
Liquidation Details:
Liquidated Amount: $121,000
Trigger Price: $2.350
What’s Happening?
This massive long liquidation has wiped out a significant amount of bullish positions, signaling increased downward pressure.
wld is now at a pivotal point, and how the market responds in the coming hours will be critical.
Key Levels to Watch:
Support Zone: $2.300–$2.320 (a strong level to hold; a break here could trigger further losses).
Resistance Zone: $2.380–$2.400 (bulls need to reclaim this area for recovery).
Next Moves:
1. Bearish Scenario:
If $WLD falls below $2.320, expect a potential drop toward $2.250–$2.270, with increasing sell pressure.
2. Bullish Scenario:
A bounce above $2.370 could signal a recovery, targeting $2.400–$2.450, especially if volume picks up.
Stop Loss Recommendations:
For Long Positions: Place a stop loss at $2.300 to limit downside risk.
For Short Positions: Set a stop at $2.400 to protect against a reversal.
$WLD is primed for explosive action—stay vigilant and trade carefully!