$WLD Massive Short Liquidation at $1.149 — The Tide is Turning
A staggering $5.0077K worth of short positions just got liquidated at $1.149, signaling a critical turning point for $WLD . This sudden squeeze hints at powerful buying pressure building beneath the surface, and the bears may be running out of room to breathe.
Technical Analysis and Trade Setup
Current Price Action Insight:
WLD has been consolidating near key support levels after recent heavy short interest. The short liquidation at $1.149 indicates that market makers may be trapping late sellers and preparing for a breakout.
Buy Zone:
$1.140 – $1.160
This is the ideal accumulation range. Multiple tests of this zone with high-volume rejections to the downside suggest strong hands are absorbing the pressure.
Targets:
Target 1: $1.230 (Minor resistance, good for scalpers)
Target 2: $1.295 (Key structural breakout level)
Target 3: $1.390 (Major target if momentum continues and shorts keep unwinding)
Stop-Loss:
Below $1.110
A clean break below this level would invalidate the bullish short-squeeze thesis and expose WLD to further downside. Tight stop-loss keeps the risk controlled while allowing space for market noise.
Strategy Insight:
This liquidation flush could be the ignition spark. As short sellers are forced to close, demand can surge sharply. $WLD may be prepping for a volatility expansion move. Trade with caution but confidence — the market rewards precision and patience.
