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In this analysis, I want to review the WLD coin for you. This project is one of the notable Web3 and Identity projects, founded by Sam Altman, who is also the CEO of OpenAI — and that adds a layer of trust to the project.
🔍 Currently, this coin has a market cap of $984 million, placing it at rank 64 on CoinMarketCap.
📅 Daily Time Frame
As you can see in the daily time frame, the price has dropped significantly since the previous analysis. After breaking below the 1.349 level, the main bearish leg began, and the price fell to the 0.603 area.
🧩 Currently, the price is in a correction phase, moving slowly upward on low volume, and has broken above the SMA25, now trading above this moving average.
🎲 Keep in mind: even though the price is above the SMA25, the slope of the moving average is still downward, which indicates that bearish momentum is still present in the market. However, since the price is now above the SMA, bearish strength is weakening.
📈 To confirm a bullish reversal for WLD, the key trigger right now is the breakout of the 0.947 level. If the price stabilizes above this level, we can say the trend has shifted to bullish.
✔️ A sooner confirmation of the trend change would be a positive slope on the SMA25 combined with increasing volume and green candles — this would be an early sign of a reversal.
🛒 For spot buying, the first trigger is the break of 0.947, and if the price holds above that, the bullish trend could begin.
🔽 The next resistance levels — which could act as targets or secondary buy triggers — are at 1.349 and 2.5776 respectively.
📊 If you already hold this coin and are looking to set a stop-loss, a break and confirmation below 0.603 would be a good level to activate your stop.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
In this analysis, I want to review the WLD coin for you. This project is one of the notable Web3 and Identity projects, founded by Sam Altman, who is also the CEO of OpenAI — and that adds a layer of trust to the project.
🔍 Currently, this coin has a market cap of $984 million, placing it at rank 64 on CoinMarketCap.
📅 Daily Time Frame
As you can see in the daily time frame, the price has dropped significantly since the previous analysis. After breaking below the 1.349 level, the main bearish leg began, and the price fell to the 0.603 area.
🧩 Currently, the price is in a correction phase, moving slowly upward on low volume, and has broken above the SMA25, now trading above this moving average.
🎲 Keep in mind: even though the price is above the SMA25, the slope of the moving average is still downward, which indicates that bearish momentum is still present in the market. However, since the price is now above the SMA, bearish strength is weakening.
📈 To confirm a bullish reversal for WLD, the key trigger right now is the breakout of the 0.947 level. If the price stabilizes above this level, we can say the trend has shifted to bullish.
✔️ A sooner confirmation of the trend change would be a positive slope on the SMA25 combined with increasing volume and green candles — this would be an early sign of a reversal.
🛒 For spot buying, the first trigger is the break of 0.947, and if the price holds above that, the bullish trend could begin.
🔽 The next resistance levels — which could act as targets or secondary buy triggers — are at 1.349 and 2.5776 respectively.
📊 If you already hold this coin and are looking to set a stop-loss, a break and confirmation below 0.603 would be a good level to activate your stop.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
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🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.