Worldcoin

<ul><li>Worldcoin&#39;s recent 8.89% decline from its all-time high to $3.58 signals a critical juncture, with potential for a recovery bounce or extended downtrend.</li><li>A bullish shift depends on WLD reclaiming the range low at $3.62, possibly leading to a 15% upward move towards $4.11, while failure may result in a 15% decline.</li><li>Traders closely watch key levels, including $3.62, $4.11, and the psychological $5 mark, to navigate Worldcoin&#39;s near-term trajectory amid market uncertainties.</li></ul><a href="https://cryptotale.org/openai-ceo-backs-worldcoin-crypto-project-following-fundraising-report/" rel="noopener noreferrer nofollow">Worldcoin </a>(WLD) has experienced a rapid decline of 8.89% over the past 24 hours, marking a significant shift from its all-time high of $4.79 to its current trading position at<a href="https://www.coingecko.com/en/coins/worldcoin" rel="noopener noreferrer nofollow"> $3.58.</a> The crucial juncture for WLD&#39;s future trajectory revolves around a key level determining whether the digital asset undergoes a recovery bounce or continues its downtrend.Following a surge that propelled WLD to an all-time high of $4.79, the bullish momentum faltered, triggering a substantial 26% correction that effectively breached the range low at $3.62. The current scenario presents two possible outcomes, hinging on the ability of WLD to either recover above the low range or succumb to further downward pressure.For a bullish market structure shift (MSS) to materialize, Worldcoin&#39;s price must reclaim the range low and establish a higher high above $3.81. Such a move would signal sidelined buyers to enter the market, with potential long positions being considered during the ensuing pullback. The subsequent rally could target a retest of the midpoint of the earlier range at $4.11, implying a 15% upward move from the current level.Read full article a<a href="https://cryptotale.org/worldcoin-wld-faces-crossroads-recovery-bounce-or-continued-downtrend/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Worldcoin (WLD) Faces Crossroads: Recovery Bounce or Continued Downtrend?

CryptoTale

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