Here is My Worldcoin Analysis
Currently, the market is consolidating between the $6.52 USDT demand zone and the $7.19 USDT supply zone. If the market fails to break out above these zones before the next grant, we could witness a further decline to the $5.50 USDT zone to capture leftover liquidity between $5.50 USDT and $5.90 USDT. Subsequently, a bullish momentum towards the $15 USDT zone, as previously analyzed, may unfold.
It's worth noting that we might anticipate a breakout either to the upside or downside, potentially occurring before the next grant.
Key Points:
The main consolidation range is currently between $5.580 USDT (major demand) and $11.98 USDT (major supply).
The current minor consolidation range spans from the $6.52 USDT demand zone to the $7.19 USDT supply zone.
