$WLD Liquidated Short: $60.7K at $2.371
Analysis:
The short liquidation at $2.371 signals strong buying momentum, indicating a potential upward trend for $WLD .
A breakout above this level could attract more buyers, making it a favorable point for a long trade.
Suggested Trade Setup for $WLD :
Entry Point: $2.380
Stop Loss: $2.350
Target: $2.450
This setup aligns with the upward momentum while maintaining a controlled risk profile.
Always manage your risk effectively and monitor market conditions closely.