#WLD

worldchain! Everyone should be familiar with this, having once made history by rising from the lowest point to over 10, and now it has dropped back to around 1.72, giving a bit of a feeling of falling into obscurity! Therefore, a good project requires a good team to support its long-term development; otherwise, everything is just about harvesting the vulnerable!

Technical Sharing: Currently, WLD has retraced to the 0.886 level, forming support! Moreover, the 4-hour MACD volume has formed a golden cross, indicating a conversion from bearish to bullish momentum! The 4-hour OBV moving average is also developing in a bullish trend due to the golden cross, which suggests that WLD is bullish in the near future! The resistance levels are 2-2.5-3.6.

Objective Influence: Currently, it coincides with the beautiful country's elections! No need to look; Trump will definitely take office, which is positive for cryptocurrencies! Additionally, last Friday, the Federal Reserve held a meeting to cut interest rates by 25 basis points! With multiple favorable factors, the whole industry will rise! Bitcoin is currently preparing to bounce back from the support level of the wave structure, aiming for a surge to 70,000, which will drive everyone up together!

Personal Insight: Although the WLD team isn't very people-oriented, unlocking tokens daily in considerable quantities, the cost of obtaining new WLD is almost zero, leading to some confusion about WLD's future and a somewhat pessimistic outlook. However, from a technical perspective, there are almost no trapped positions, as the trapped positions are all above 3! Furthermore, there are still market makers accumulating positions in preparation for a rise; the last time it rose to 2.6 suggests that the market makers will continue, and may even push it to 3!