#CryptoTrading. #Worldcoin #WLD
Brief technical analysis of Worldcoin ($WLD /USDT):
• Current price ~$0.52 (-3-7% per day, depending on the source).
• Market in a bearish trend: -24% per month, -82% per year from ATH $11.78.
• Indicators: RSI ~34 (neutral/close to oversold), most MAs signal SELL, 79% of indicators are bearish.
• Fear & Greed: 11-16 (Extreme Fear) — panic in the market, often a signal for a possible bottom.
• Supports: $0.51, $0.509, $0.498. Supports: $0.539, $0.55, $0.559.
• Forecasts: Some sites predict a drop to $0.39-0.44 by the end of December, others predict a stabilization at ~$0.53-0.57.
Signal:
🔴Short (Sell): Main bearish signal due to trend and sentiment. Entry on a pullback to 0.53-0.54, target 0.45-0.39, stop above 0.56.
🟢Long (Buy): Countertrend, only on a confirmed reversal (breakout >0.56 with volume) or in Extreme Fear as accumulation. Target 0.60-0.67, stop below 0.50. Risk is high — the market is volatile.
⚠️This is not financial advice! DYOR, use stops and risk management. Crypto is unpredictable. 🚀📉