$WLD experienced a long liquidation of $1.41K at $0.52379 on Binance, indicating that leveraged buyers were forced out of their positions. The liquidation reinforces bearish sentiment in the short term, with sellers maintaining control as long positions continue to unwind.
Entry: $0.520 - $0.528
SL: $0.538
TP1: $0.510
TP2: $0.495
TP3: $0.478
TP4: $0.455
Momentum remains weak, and the liquidation event may accelerate downside volatility if selling pressure persists. Unless price reclaims the $0.535 resistance zone, rallies could face renewed selling interest.
Sell and Trade $WLD
Entry: $0.520 - $0.528
SL: $0.538
TP1: $0.510
TP2: $0.495
TP3: $0.478
TP4: $0.455
Momentum remains weak, and the liquidation event may accelerate downside volatility if selling pressure persists. Unless price reclaims the $0.535 resistance zone, rallies could face renewed selling interest.
Sell and Trade $WLD