๐ Worldcoin $WLD Day Trading Strategy โ May 1, 2025
Worldcoin (WLD) is trading at $1.08, with an intraday high of $1.17 and a low of $1.013.
๐ Technical Overview
Support Levels: $1.00, $0.95
Resistance Levels: $1.15, $1.20โ
Indicators:
Moving Averages: The price is trading near the 50-day EMA, indicating a potential shift in trend.
MACD: A bullish crossover has been observed, suggesting upward momentum.
RSI (14): Currently at 56.79, indicating neutral to bullish conditions.โ
๐ฐ $WLD Market Insights
US Expansion: Worldcoin has launched its eye-scanning orbs in six U.S. cities, aiming to expand its biometric identity project.
Institutional Interest: A surge in whale activity and institutional buying has been noted, potentially driving bullish sentiment.
๐ $WLD Intraday Trading Plan
Long Entry: $1.05 โ $1.08
Take Profit (TP): $1.15 โ $1.20
Stop Loss (SL): $1.00
Short Entry: $1.20 โ $1.22
Take Profit (TP): $1.10
Stop Loss (SL): $1.25
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