buy on weakness

WLD: Watch for $0.83 Dip Ahead of $1.24 Rebound

I expect Worldcoin (WLD) to face bearish pressure toward the $0.83 support level in the near term, testing sellers before any rebound.

However, technical indicators point to a potential recovery toward $1.24 within 4–6 weeks, so I would watch for a dip as a buying opportunity while managing downside risk if $0.83 fails.

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Analysis

Price action suggests short-term bearish momentum toward $0.83 support, but indicators (momentum and support/resistance) imply a probable recovery to $1.24 if $0.83 holds; a breakdown below that level...

Recommendation

Buy on weakness: consider accumulating near $0.83 with a target around $1.24 over the next 4–6 weeks and use a tight stop if price closes convincingly below $0.83.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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