Worldcoin: Dip to $0.83 Then Bounce Toward $1.24
I see Worldcoin under short-term bearish pressure with a likely move down toward the $0.83 support level before momentum shifts.
Technical indicators point to a potential recovery back to $1.24 within 4–6 weeks if $0.83 holds and buying interest returns.
I remain cautious on the downside risk and would look for confirmation at support before adding exposure.
Analysis
Recommendation
I would watch for a test of $0.83 and consider buying on weakness at or near that level with a tight stop below support and a target around $1.24, keeping position sizes conservative.
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.