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#WLD $WLD Current price $0.292, 24h -5.99%.
Why is this happening? Short-term rapid pullback, funds are a bit eager to exit.
The only concern is that profitable shorts account for 54%. -0.039% funding rate, shorts are clearly adding positions, don’t rush to buy the dip before the weakness ends.
Hold on to $0.28324 for recovery space, only when it recovers back above $0.2993 is it considered easing.