Worldcoin faces an uncertain future despite recent price gains of 90% 🤔
$WLD is showing a bearish trend on the senior timeframes.
The recent rise is reminiscent of a similar case in February 2024, where a significant rise was preceded by a significant correction.
Worldcoin 89% price rise from its recent low of $1.72 has led to large-scale liquidations of short positions, and further compression remains likely