$WLD Bullish Technical Analysis
Key Highlights
Breakout & Retest: WorldCoin ($WLD) has successfully broken out and retested its trendline after rebounding from a strong support zone. The price is down by 89% from its all-time high (ATH), indicating significant recovery potential.
Bullish Outlook: Based on current price action, $WLD shows strong bullish momentum, suggesting a potential rally toward its ATH. This level presents an attractive opportunity for long positions with a projected upside of +400%.
Trade Setup
Entry Level: $2.40
Target Level: $12.00
Stop Loss: $1.545
Risk Management: Ensure to position size appropriately and adhere strictly to the stop-loss level to manage downside risk effectively.
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