In a world measured by digits and dusty roads, a stretch of price between 1.37 and 1.40 rises like a barbed-wire fence across a parched field. Break through it and the story might lead the day; stumble and the road stays flat as old gravel. 😅
Range Trading Concept Highlights Opportunity
According to a sharp-eyed analyst who posts under the name Personel Trader on X, WLD‘s setup carries the promise of a fair ride if the old ground-support-stays true.
The analysis points to instant buying whispers at the lower levels, a sign that demand still has some grit in its teeth as price retraces. The plan is a quick, sure-footed dance: if support holds, a ten percent rise into the 1.37-1.40 band could come as swift as a sunbeam over a wagon tongue. 😏
Personel Trader also hammers on tight risk management, with stop-losses tucked just beneath the local support. It keeps the prospect of a fall from becoming a ruin, while aiming at the old highs. The creed behind the plan hinges on several signs-price holding at Fibonacci support, prior tremors at demand levels, and a broader market mood that might swing bullish if the wind shifts.
Market Data Shows Liquidity
BraveNewCoin’s ledger spreads the weather of the day. Worldcoin trades around $1.27, with a market cap of $2.66 billion and a 24-hour volume of $323 million. 📈
The circulating supply sits at 2.1 billion tokens, lifting the asset to #57 by market cap. Even with a 6.23% drop in the last day, liquidity stays stubbornly robust across exchanges, inviting traders to keep showing up like farmers at a market. 🐄
This backdrop, a long, quiet evening of sentiment, suggests that the air has cooled but the bedrock remains solid enough for a possible spring. If the 1.22-1.20 support range keeps drawing buyers, the token might gather momentum and push toward its upper targets. If not, a break below 1.20 could push the bean-counter down toward the 1.10 zone. 🔔
Technical Indicators Lean Bearish
On the other side, the daily indicators wear a look of near-term weakness, though they keep a door cracked for reversal.
The MACD line sits at 0.036, trailing the signal line at 0.091, with a histogram of -0.056 crying out a bearish crossover. It says momentum has wandered back to the sellers, but a touch of stability near these numbers might coax a rebound. 😌
The Relative Vigor Index (RVI) stands at 31.03 against a moving average of 37.79, a gray reminder of lingering pressure. Readings below 50 tend to favor the sellers, yet the march toward oversold territory hints at a possible short-term bounce. For now, traders watch whether support can hold and reclaim ground, with 1.37-1.40 as the near sticker for the upside. 🤞
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2025-09-26 23:53