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$WLD experienced a significant long liquidation of $6.63K at $0.47298, indicating that leveraged buyers were forced out of their positions. The liquidation reinforces bearish sentiment in the short term, with sellers maintaining control of the current market structure. If price fails to reclaim nearby resistance levels, further downside movement could follow as selling pressure remains elevated.
Entry: $0.469 - $0.476
SL: $0.485
TP1: $0.460
TP2: $0.446
TP3: $0.430
TP4: $0.410
Momentum remains weak, and recent recovery attempts have been met with selling pressure. Watch support levels closely and trade with proper risk management.
Sell and Trade $WLD