🔴 $WLD Bearish Alert 📉
A $7.2444K long liquidation at $0.3058 signals that leveraged bulls have been forced out, adding short-term selling pressure. The liquidation zone around $0.3058 now acts as a key resistance level until buyers reclaim it with strength.
💰 Entry Zone: $0.304–$0.306 (on rejection)
🎯 Targets: $0.300 → $0.294 → $0.288
🛑 Stop Loss: Above $0.312
📍 Support: $0.300–$0.294
📍 Resistance: $0.3058–$0.312
As long as WLD remains below $0.3058, sellers are likely to maintain control, targeting $0.300 first and $0.294 next. A decisive breakdown below support could extend losses toward $0.288, while a sustained recovery above $0.312 would invalidate the bearish setup and increase the probability of a short-term rebound.
Strength Rating: ⭐⭐⭐⭐☆ (4/5 Bearish) — A $7.2444K long liquidation reflects solid selling pressure and favors further downside unless buyers reclaim the liquidation zone
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