$WLD experienced a significant long liquidation event, triggering aggressive sell-side pressure and flushing leveraged positions from the market.



The sharp move lower has pushed price into a key demand zone where traders are watching for signs of stabilization and potential recovery.

EP
0.4720 - 0.4820

TP
TP1 0.4950
TP2 0.5150
TP3 0.5400

SL
0.4620

Liquidity was swept below recent support levels as overleveraged longs were forced out of their positions.

Despite the selloff, liquidation-driven moves often create opportunities once excess leverage has been removed from the market.

As long as buyers defend the current support region, the broader structure can remain constructive for a rebound toward higher resistance levels.

A successful reclaim of 0.4950 could shift momentum back in favor of bulls and open the path toward the next liquidity targets.

The market has reset a significant amount of leverage, and the next reaction around support will be critical for $WLD.

Let’s go $WLD.
WLD1.55%
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