$WLD
Current price sits around $0.37.
A dense cluster of short liquidations is stacked just above this level. Cumulative short leverage rises steadily higher, meaning a continued push up could force short covering and accelerate the move.
Long liquidations below price are more spread out, so downside pressure looks less concentrated right now.
Current price sits around $0.37.
A dense cluster of short liquidations is stacked just above this level. Cumulative short leverage rises steadily higher, meaning a continued push up could force short covering and accelerate the move.
Long liquidations below price are more spread out, so downside pressure looks less concentrated right now.