$WLD 🚀🔥 Worldcoin (WLD) Reverse V at Chart: Sharp Rejection Hints at Deeper Pullback 📉⚠️
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🦀🦀Worldcoin (WLD) is printing a reverse V pattern, a classic signal of exhausted buyers and swift reversals as sellers regain control 🌪️🎯. After a fast rally toward $3.25, price reversed just as quickly, slicing back below $3.00 and forming a steep peak that marks the top of this bearish formation 🧊🥀. On-chain flows confirm the caution, with large holders moving tokens to exchanges and reducing exposure aggressively 🐢🎒.
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📉📉Momentum indicators have flipped decisively bearish. RSI has collapsed to 40, reflecting the sudden shift from buying euphoria to heavy selling 🍉🧭. The MACD histogram has turned negative for the first time in weeks, while daily moving averages are starting to roll over in alignment with this reversal 🍋🎢. Volume has surged on red candles, confirming that the exit pressure was driven by conviction and not just thin liquidity 🎯🐸. In derivatives markets, funding rates are slipping closer to neutral, while open interest remains elevated, signaling traders are bracing for more downside 🌳🔥. If WLD fails to reclaim $3.00 quickly, price could retest the $2.70–$2.75 zone 🚧🦋.
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🌼🌼Fundamentally, Worldcoin continues to generate significant attention and adoption, expanding its ecosystem and user base 📡🌈. However, in the near term, technical patterns are overpowering fundamentals, as risk-off sentiment spreads across the market 🦦🌫️.
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🦚🦚Traders should monitor $3.00 closely. A fast reclaim could invalidate the reverse V and spark a relief bounce. Failure to recover may confirm this bearish pattern and open the door to deeper retracement. Manage positions carefully and stay disciplined as volatility increases 📊⚡.