$WLD long liquidation of $69.825K at $0.59738 shows buyers getting stopped out, signaling short-term weakness. Liquidity now sits below price, increasing the chance of a downside continuation if selling pressure persists.
Next move and targets:
TG1: $0.590
TG2: $0.582
TG3: $0.570 (key support zone)
A brief bounce may occur, but trend favors the downside until strong buying returns.
Pro tip: After large long liquidations, price often moves lower. Wait for clear support before entering.
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