December 4, 2024 Worldcoin (WLD) Trading Strategy
1. Market Analysis
As of now, the price of Worldcoin (WLD) is $3.28, with a daily high of $3.46 and a low of $3.03. Recently, the WLD price has shown a volatile trend, and market sentiment is relatively cautious.
2. Technical Analysis
• Support Levels:
• First Support Level: $3.10
• Second Support Level: $2.90
• Third Support Level: $2.70
• Resistance Levels:
• First Resistance Level: $3.50
• Second Resistance Level: $3.70
• Third Resistance Level: $4.00
The technical analysis shows that WLD has strong support around $3.10. If it breaks through the $3.50 resistance level, it may rise further.
3. Short-term Contract Strategy
• Long Strategy:
• Entry Point: $3.20
• Stop Loss: $3.00
• Take Profit: $3.50
• Short Strategy:
• Entry Point: $3.50
• Stop Loss: $3.60
• Take Profit: $3.20
Investors are advised to strictly set stop-loss and take-profit levels based on market trends to avoid chasing highs or bottom fishing.
If WLD breaks through $3.50, it may test $3.70 or higher in the short term; if it falls below $3.10, it may pull back to $2.90 or $2.70.
【Feel free to like and comment. If you need analysis on a specific cryptocurrency, please leave a comment. Brothers making money remember to use my referral code to register on Binance for a 20% discount on fees. Referral Code: Q9TB8ODZ, wishing brothers and sisters prosperity every day!】