Worldcoin / USDT
Long

#WLD/USDT

291
#WLD

The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it

We have a bounce from the lower limit of the descending channel, this support is at a price of 1.18

We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 1.20
First target 1.26
Second target 1.30
Third target 1.34

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.