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Cryptoticker

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Worldcoin Price Setup Looks Too Perfect to Ignore

  • Worldcoin (WLD) price is showing signs of exhaustion and potential accumulation, with traders anticipating the next breakout to be bullish or bearish.
  • On the daily chart, WLD price faced rejection around the $1.40 to $1.50 resistance zone, with a minor pullback currently showing support just above the 20-day Simple Moving Average.
  • The 50% Fibonacci pullback zone at $1.10 is a critical support level, and if crossed, the next targets for WLD price would be $1.50, $1.76, and $2.10.
  • The hourly chart indicates a short-term bearish outlook, but a potential base might be forming around the $1.10 - $1.12 support zone, with a bullish scenario likely if the price breaks above $1.22.

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