#WorldCoin.
$WLD is showing early signs of reversal after a weak structure and this could turn into a clean bounce setup..
Entry Range: 0.2415 – 0.2425
Stop Loss: 0.2395
Targets:
TP1: 0.2440
TP2: 0.2460
TP3: 0.2485
Price has been trending down with lower highs and lower lows, but now we are seeing signs of exhaustion near the support zone around 0.24. The recent candles show slowing bearish momentum and a potential base forming, which often leads to a relief bounce.
Moving averages are starting to compress, indicating that momentum is shifting. If buyers step in and reclaim the short-term levels, we can expect a push toward the upper resistance zones marked by previous rejections.
This is not a chase setup, patience is key. Let price hold this support and build strength before entry confirmation.
Invalidation: If price breaks and holds below 0.2395, this bullish setup fails and downside continuation becomes more likely.
Trade here on $WLD 👇🏻
