WLD / TetherUSShort
Worldcoin Hits Resistance: Short-Term Pullback Opportunity?
Looks like Worldcoin (WLD) hit a three-month high but is having trouble pushing any higher. With traders taking some profits, we could be looking at a quick dip here—a nice setup if you’re into short-term moves.
If it keeps bouncing off that high without breaking through, going short could be worth considering, especially if there’s a nearby support level for a quick exit. Keeping an eye on the RSI might help too; if it’s in the overbought zone, that could be our signal that this pullback has some momentum.
For anyone giving this a shot, setting a stop-loss just above the resistance would keep things safer in case WLD decides to break out instead. It’s a simple short-term play with moderate risk, but hey, always go with what works best for you.
If it keeps bouncing off that high without breaking through, going short could be worth considering, especially if there’s a nearby support level for a quick exit. Keeping an eye on the RSI might help too; if it’s in the overbought zone, that could be our signal that this pullback has some momentum.
For anyone giving this a shot, setting a stop-loss just above the resistance would keep things safer in case WLD decides to break out instead. It’s a simple short-term play with moderate risk, but hey, always go with what works best for you.
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