$WLD Long Flush: $3.73K Cleared at $1.15701 – Bears Testing Support
Around $3.73K in long exposure just got washed out near $1.15701, putting pressure on key support. Bulls need to defend or risk further downside.
📉 TRADE SETUP – Watch for Bounce or Breakdown:
• Entry Zone: $1.15 – $1.16 (enter on strong bounce signals)
• 🎯 TP1: $1.19
• 🎯 TP2: $1.22
• 🎯 TP3: $1.26
• 🛑 SL: Below $1.13 (if support breaks)
Market Insight:
Clearing of weak longs could set stage for a recovery if bulls respond.
A volume-backed move above $1.16 is needed to shift momentum.
Pro Tip:
Look for a 15m close above $1.16 or bullish reversal pattern before entering.
$WLD just saw $3.73K in long-side pressure clear—bounce potential on watch.