I still have faith in worldcoin

$WLD

Key Details:

Current Price: $1.247 (with a -1.73% decline).

24-Hour High: $1.284

24-Hour Low: $1.151

24-Hour Volume:

WLD: 36.02M

USDT: 43.91M

Trend Indicators (Based on the Chart):

Exponential Moving Averages (EMA):

EMA(7): $1.330

EMA(25): $1.700

EMA(99): $2.136
The price is below all these EMAs, suggesting a bearish trend in the short, medium, and long terms.

Support and Resistance:

Support Levels: Around $1.151 (24-hour low).

Resistance Levels: $1.284 (24-hour high).

Overall Trend:

The coin has been in a downtrend, as indicated by lower highs and lower lows.

A recent bounce from $0.960 shows some buying pressure at lower levels.

Market Indicators:

7-Day Performance: -29.43%

1-Year Performance: -47.87%

Volume and volatility indicate moderate trading activity.

Potential Observations:

The coin might find support near $1.15 to $1.10.

Resistance above $1.30 could limit upward movement unless significant buying pressure emerges.

For traders, watching for a breakout above EMA(7) or EMA(25) might indicate a potential recovery.

#Write2Earn $WLD