$WLD is currently trading at around $1.83, having breached its support level of approximately $1.75. If the market trend continues, there’s a possibility that it could fall to the major support level of $1.50. For an upward trajectory, WLD would need to overcome the resistance level at $2.40. Presently, it’s undergoing a consolidation phase, but the outlook remains optimistic due to positive developments associated with World Coin. The current bearish market conditions are seen as temporary, with expectations of a reversal in the future.
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