Worldcoin loses its traction as prices consolidate near $2
WLD buyers can wait for a retest of the range lows in the $1.85 region to reassess market sentiment.
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
The price action and sentiment were bearish behind WLD.
A move to the $1.85 lows could provide a bounce but bulls can wait for a break in structure before buying.
Worldcoin [WLD] was listed on major exchanges less than a week ago. The prices rocketed higher as investors looked to bag some WLD for themselves. This demand was not sustainable and WLD formed a range on the chart.
How much are 1, 10, or 100 WLD worth today?
Worldcoin demand brought increased activity to Optimism [OP] but WLD itself could consolidate near the $2 mark over the coming days. Can investors and traders expect demand to drive prices higher once more?
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