WLD analysis on the bearish path

Listen up, squad... gather around the command station. Straight to the point, no beating around the bush: taking a surgical look at the current WLD/USDT charts on the 1H, 15M, and 5M timeframes, the technical picture is decisively bearish. Worldcoin maintains a heavy macro structure on the 1H, falling from the $0.4020 area and trading at $0.3070, well below the institutional moving averages. The current bounce is a weak corrective pullback with no buying volume.

Technical context: Bearish macro trend on the 1H, institutional rejection in the supply zone, and active selling pressure on lower timeframes after support levels were breached.

Entry zone: $0.3090 to $0.3130 USDT range (retest of the pullback to local moving averages on the 15M).

Protective shield: Stop Loss set firmly at $0.3200 USDT, with our strict 10% risk limit.

Profit targets: TP1 at $0.2980 USDT (secure 50% and move Stop Loss to Break-Even), TP2 at $0.2900 USDT, and TP3 at $0.2800 USDT.

We snipers are waiting for the prey to reach the firing zone within the tactical window of 4 to 8 hours, trading in the direction of the dominant trend and keeping a cool head.

Do you have this asset marked as a short on your screens, or how are you managing risk today, squad? Let me know below! 👇🎯🔥

Click the $WLD widget below to follow the live chart and trade directly on Binance.

#WLD #Worldcoin