Worldcoin (WLD) Near 8-Month Low: Buying Opportunity?

Worldcoin (WLD), led by Sam Altman, has dropped nearly 50% from its March 10 all-time high and is now trading at around $2.36, close to an 8-month low of $2.1. Despite recent sell-offs, technical indicators show potential for recovery:

- RSI: Recovered from oversold to neutral.
- MACD: Slight recovery, weak trend.
- Ichimoku Cloud: Bearish, but potential for reversal.
- ADX: Strong downward trend at 44.

Fundamental developments, including new executive hires and a partnership with Alchemy, enhance its prospects. With an MVRV ratio at -28%, this may be a good buying opportunity for traders.

#worldcoin #bitcoin☀️ #AI #US_Job_Market_Slowdown