$WLD /USDT Analysis – Oversold Bounce or Decline šŸ¤”šŸ”šŸ‘‡

Current Price: $1.09šŸ¦‹

Time Frame Analyzed: 1H & 1D

24H Range: High: $1.25 | Low: $1.08

RSI Levels:

1H: 19.12 (Extreme Oversold)šŸ“ˆ

1D: 43.85 (Bearish Zone)šŸ“ˆ

Technical Breakdown:šŸ“Š currently testing key support around $1.08, with RSI at oversold levels.

Repeated rejection below $1.20 indicates strong selling pressure.

Price remains below all major EMAs.

Key Support: $1.08 → $0.98

Key Resistance: $1.23 → $1.29 → $1.46

Trading Strategy Plan:šŸ§‘ā€šŸ«

Long Setup (Bounce Attempt):āœ…

• Entry: Near $1.05

• Target: $1.23 / $1.29

• Stop Loss: $0.99

• Bias: Against the trend, short-term bounce

Short Setup (Decline):āŒšŸ¤½

• Entry: Below $1.00

• Target: $0.88

• Stop Loss: $1.15

• Bias: With the trend

Global Sentiment & News:šŸŒšŸ§‘ā€šŸ«

Bullish Factors:šŸ’„šŸ”°

Worldcoin raised $135M in a Series-C round led by a16z

Growing global adoption of Orb technology

Integration interest from fintech players like Visa

Bearish Factors:šŸ“ˆšŸ”°

Ongoing privacy concerns in major countries

Wider market weakness driven by BTC price action

Recent spike led to significant profit-taking

Final Thoughts:šŸ§‘ā€šŸ’»

$WLD is at a very decisive level. Oversold signals could trigger a short-term bounce, but macro weakness and bearish momentum still dominate.

Watch for a recovery to $1.23 for bullish confirmation.

šŸ“Œ This post is for educational purposes only. Always DYOR before trading.

$WLD