$WLD Long Liquidation Alert
A long position worth $10,173 was liquidated at $2.32375 for WLD.
This indicates a sharp price drop, forcing bullish traders to exit under pressure.
What’s Next?
1. Market Trend:
The downward momentum could continue if sellers dominate.
2. Key Levels to Watch:
Support: $2.30 and $2.28. Holding these levels is crucial.
Resistance: $2.35. A break above this may signal recovery.
3. Volume Clues:
High selling volume suggests bearish strength. Watch closely.
Strategy Tips
For Bears: Consider shorting if WLD stays below $2.32.
For Bulls: Wait for confirmation of a bounce before entering.
For Scalpers: Use volatility for quick profits with tight stop-losses.
Stay cautious—monitor the price action and trade with discipline!