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That kick just now was pretty brutal—many people holding $WLD got scared and exited, but what I saw was the opposite. The price pulled from 0.4077 to 0.4226 now; +257.76% already speaks for itself—the key is the rebound after the panic.
Back then, what was truly critical wasn’t the momentary dip itself, but whether after breaking down it would continue to sell off with increased volume. The outcome was obvious: the moment it was dumped, it was immediately bought back; the shorts didn’t get the follow-through they wanted. Most people ran with their emotions, and that’s exactly the reaction the main players needed.
The structure here has clearly changed. After the wick, the key levels are no longer being refreshed downward; instead, they’ve started to be lifted. I’d already observed the shift earlier, so the long positions weren’t shaken out by that move. Now the trend extension is clear—when you already have profit, you need to respect the tempo.
For those with heavier positions, take 70% profit first, keep 30% moving with a protection level. Don’t assume gains are guaranteed. If you didn’t catch the move, don’t chase entries—the market will likely pull back again, so wait for a more comfortable level.
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