👌👌Sleeping Bulls Awakened: Preparations for a New Rally May Have Started in That Altcoin! 👌👌

Although Worldcoin, like similar uptrend attempts in the past, ended with pullbacks of 25% to 30%, it seems that a volume pattern has come into play again. This situation brings the possibility of a new rise in the coming hours.

After a short consolidation, Worldcoin regained the critical resistance of $ 2 and experienced a sharp rise. While the bulls are struggling to keep the token above these gains, the bears are waiting for the price to reach the next high target, which poses a potential bull trap risk.

The Worldcoin price chart has reached a point similar to a previous pattern, and the technical appearance may be a harbinger of a major bull run. In mid-July, the rise failed to break through the lower bands of the Gaussian channel, but now the price has broken through the upper resistance. This indicates a potential transition from bearish to bullish. In addition, the Relative Strength Index (RSI) reached the upper threshold for the first time since March 2024. When this level was broken in February, prices had increased by more than 400%. If the RSI continues to rise and enters the overbought region, WLD is expected to experience a 200% increase to reach $6.

As the trading quarter progresses, market dynamics are changing and Worldcoin is expected to trigger a strong bull run with the new quarter.

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