Worldcoin $WLD is a cryptocurrency project designed to provide decentralized digital identity and promote global finance.

Technical Analysis:

• Price Volatility: The price of WLD has experienced significant fluctuations recently. According to data from Binance, the current price of WLD is around $2.16, with a 24-hour trading volume of $226.76 million.

• Descending Channel Pattern: Technical analysis shows that WLD has broken out of the descending channel pattern, indicating potential bullish momentum in the future.

Whale Activity and On-chain Accumulation:

• Large Transactions: Worldcoin has recorded a 252% increase in large transactions, signaling whales and institutions' confidence in future price growth.

• Selling at High Prices: Smart DEX traders and whales have sold Worldcoin at an average price of $3.85. If this trend continues, WLD may move positively.

Assessment of Good Price Levels:

• Support Zone: With the current price around $2.16, this can be considered a strong support zone where investors might consider accumulating. However, it is essential to monitor additional technical indicators and market news to determine the next trend.

• Resistance Zone: The price level of $3.85 is seen as a significant resistance threshold, where whales have sold large amounts of WLD. Breaking through this level may open up further bullish opportunities for WLD.

Note:

The cryptocurrency market is always highly volatile and influenced by various factors. Investors should conduct thorough research, combine multiple sources of information, and consider risks before making investment decisions.