⚠️$WLD Important update_
Current price: $1.75
High: $2.40
Low: $1,695
Technical analysis:
Worldcoin (WLD) is currently trading at $1.75, below its recent high of $2.40. The price has found support at $1,695, but the overall trend remains bearish.
Short-term outlook:
If the price breaks below $1,695, that could lead to further selling pressure, targeting $1.60. However, if the price bounces off $1.695 and breaks above $1.85, it could indicate a short-term reversal, targeting $2.00.
Long-term outlook:
The coin is still trading below the key resistance level at $2.40, suggesting a long-term bearish trend. A break above this level is needed to confirm a trend reversal.
Introduction:
Based on current analysis, you should be cautious and consider selling or shorting if the price breaks below $1,695. Also, consider going long or buying if the price breaks above $1.85. However, please note that technical analysis is not always accurate and should be used in conjunction with other forms of analysis.