$WLD Analysis of Worldcoin (WLD) – November 17, 2024

Worldcoin (WLD) is displaying neutral-to-bearish momentum today as the token struggles to maintain key support at $2.30. A minor pullback from recent highs suggests that selling pressure may dominate in the short term, particularly if broader market conditions remain uncertain. However, WLD’s utility-driven value and long-term appeal in the biometric identity space offer strong fundamentals for recovery.

Current technical indicators point to consolidation, with $2.20 acting as crucial support and $2.45 as immediate resistance. A break above $2.45 could ignite renewed bullish sentiment.

**Target Price:** $2.45

**Buy Zone:** $2.20 - $2.25

**Current Price:** $2.298

Investors might consider accumulating within the buy zone while awaiting clearer directional cues. Staying updated on macroeconomic trends and Worldcoin adoption news is essential to maximize gains.