This analysis is based on historical data and does not guarantee future results. It is recommended to complement it with fundamental analysis and to be aware of market events that may influence the price of WLD.

$WLD When analyzing Worldcoin (WLD/USDT) on a 4-hour chart over the past two months, the following characteristics are observed:

General Trend:

Bullish Trend: The price has shown an upward trend, with significant increases from previous lows.

Key Levels:

Resistances:

$2.50: Level that has acted as resistance on multiple occasions.

$2.75: Next potential resistance in case of an upward break.

Supports:

$2.20: Immediate support observed in recent pullbacks.

$2.00: Significant psychological and technical support.

Technical Indicators:

Moving Averages (MA):

50-period MA: The price is holding above this average, indicating a sustained uptrend.

Relative Strength Index (RSI):

The RSI is at neutral levels, around 55, suggesting room for further upward movement before reaching overbought zones.

MACD:

The MACD has crossed above the signal line, indicating a possible bullish momentum developing.

Patterns Observed:

Ascending Channel: The price has been trading within a well-defined ascending channel, respecting the upper and lower trend lines.

Considerations for Traders:

Breakout Confirmation: A break above the resistance at $2.50 with significant volume could signal a continuation of the uptrend towards higher levels.

Risk Management: Setting stop-loss levels below identified supports can help mitigate risks in case of adverse movements.