Worldcoin (WLD): Expect Dip to $0.83 Then Rally to $1.24
I see WLD under bearish pressure that could push price toward the $0.83 support level in the near term. If that support holds, technical indicators point to a likely rebound rather than a prolonged decline.
I expect a recovery toward the $1.24 resistance within 4–6 weeks if buyers step in at or near $0.83, creating a short-term trading opportunity. I would consider accumulating on weakness while using disciplined stops below the support to manage risk.
Analysis
Technicals indicate near-term bearish pressure toward $0.83, but momentum and support structure suggest a limited downside and a high-probability bounce to $1.24 if buyers emerge at that level.
Recommendation
Buy on weakness: consider accumulating around $0.83 with targets near $1.24 and stop-losses placed just below the support to limit downside risk.
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.