Massive Wipeout! $96K Long Position Liquidated on $WLD at $2.451

Liquidation Breakdown:

Asset: Worldcoin ($WLD)

Liquidated Amount: $96,000

Liquidation Price: $2.451

A $96K long position on $WLD just hit the liquidation wall as the price slipped below $2.451, marking a significant blow to over-leveraged traders.

This move underscores the unforgiving volatility of the crypto market, especially for those chasing aggressive longs.

What Triggered the Crash?

Sudden Sell Pressure:

A spike in selling momentum broke through key support levels.

Whale Moves?

Speculation arises around potential whale manipulation to force liquidations.

Market Sentiment:

Broader bearish trends in altcoins may have contributed to the downturn.

Key Levels to Watch:

Support Zone: $2.40 A critical level to prevent further declines.

Resistance Zone: $2.50 – Bulls need to break this ceiling for a recovery rally.

What’s Next for $WLD ?

The question now:

Is this a bear trap or the start of a deeper correction?

With such a large liquidation, volatility could increase dramatically in the coming sessions.

bulls move ...

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