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【$WLD Signal】Empty position, waiting for selling pressure confirmation
$WLD Price decline accompanied by high trading volume suggests that market logic indicates the need to consider open interest to determine whether it is a long liquidation or main force distribution. The current chart shows a potential downward continuation or distribution phase, lacking a clear bottom absorption structure.
🎯Direction: Empty position (NoPosition)
Price action indicates that selling pressure dominates; a decline on high volume is not a healthy reset. It is necessary to wait for changes in open interest to confirm the main force's intention—if open interest increases along with a price decline, it indicates a bearish dominance; if open interest decreases, it signifies long liquidation. Until clear buy absorption or structural support is formed, left-side entry is not recommended.
Trade here 👇 $WLD
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