⚠️$WLD Critical Updates_

Current Price: $1.75

High: $2.40

Low: $1.695

Technical Analysis:

Worldcoin (WLD) is currently trading at $1.75, which is below the recent high of $2.40. The price has found support at $1.695, but the overall trend is still bearish.

Short-term Outlook:

If the price breaks below $1.695, it may lead to further selling pressure, targeting $1.60. However, if the price bounces off $1.695 and breaks above $1.85, it may indicate a short-term reversal, targeting $2.00.

Long-term Outlook:

The coin is still trading below the key resistance level of $2.40, indicating a long-term bearish trend. A break above this level is needed to confirm a trend reversal.

Recommendation:

Based on the current analysis, it's recommended to exercise caution and consider selling or shorting if the price breaks below $1.695. Alternatively, consider buying or longing 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.

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