$WLD just experienced a long liquidation around the $0.41565 level, signaling a downside liquidity sweep that flushed out overleveraged long positions and reset short-term momentum. This move has pushed price into a key demand zone around $0.40–$0.41 where buyers are likely to step in and attempt stabilization. If WLD holds above this support region, a rebound toward immediate resistance near $0.43–$0.45 becomes likely, with the next upside target positioned around $0.48 where previous supply and liquidity reside. Long liquidations often mark local exhaustion points when selling pressure weakens. A breakdown below $0.40 would invalidate the bounce setup and open room toward $0.37 before stronger demand reappears. Overall structure suggests a potential relief move after the sweep. $WLD #BuyTheDipOrWaitNow?
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$WLD just experienced a long liquidation around the $0.41565 level, signaling a downside liquidity sweep that flushed out overleveraged long positions and reset short-term momentum. This move has pushed price into a key demand zone around $0.40–$0.41 where buyers are likely to step in and attempt stabilization. If WLD holds above this support region, a rebound toward immediate resistance near $0.43–$0.45 becomes likely, with the next upside target positioned around $0.48 where previous supply and liquidity reside. Long liquidations often mark local exhaustion points when selling pressure weakens. A breakdown below $0.40 would invalidate the bounce setup and open room toward $0.37 before stronger demand reappears. Overall structure suggests a potential relief move after the sweep. $WLD #BuyTheDipOrWaitNow?