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$WLD — Short squeeze signals renewed buyer strength.
Long $WLD
Entry: 0.6200 – 0.6320
SL: 0.6000
TP1: 0.6550
TP2: 0.6950
TP3: 0.7600
A fresh $3.15K short liquidation just hit WLD at $0.62906, forcing bearish traders to cover positions as price pushed higher. The squeeze confirms improving bullish momentum and signals that sellers are beginning to lose control of the short-term trend.
Price is holding above key support levels while attracting fresh demand on pullbacks. The forced buying generated by liquidated shorts adds additional fuel to the rally, creating favorable conditions for a continued upside expansion.
If WLD maintains the 0.6200–0.6320 support zone and breaks above 0.6550 resistance, momentum could accelerate rapidly toward higher targets. With bears under pressure and bullish sentiment strengthening, the path of least resistance remains firmly to the upside as buyers continue gaining control of the trend.