Worldcoin: Short-Term Dip to $0.83, Then Rally Toward $1.24
I see Worldcoin under short-term bearish pressure and expect it to test the $0.83 support level before any sustained recovery.
Technical indicators point to a potential bounce toward $1.24 within 4–6 weeks if $0.83 holds and momentum returns.
I will watch price action at the support zone for confirmation and consider buying on weakness rather than chasing strength.
Analysis
Recommendation
Prefer a buy-on-weakness approach: wait for stabilization or reversal signals at or near $0.83 and use a tight stop below the support; avoid buying into strength without confirmation.
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.