WLD holders, please pay attention!

WLD is about to usher in a major event: starting from July 24, a 730-day linear unlocking process will be launched.

Currently, WLD is struggling to break through the key resistance level of $2.47. If the breakthrough is successful, the price is expected to rise further to $2.7. However, WLD also faces the challenge of holding the support level of $2.3. If it fails to hold, the next important support level will be around $2.

From the technical indicators, the RSI index is 27, indicating that the asset may have entered the oversold area, and further improvement in market sentiment may be needed to trigger a rebound.

In addition to market dynamics, WLD is also facing a long-term linear unlocking process starting from July 24. In the next 730 days, about 6.62 million WLD tokens worth about $18 million will be released every day and enter the market circulation.