Worldcoin Price Today: WLD Targets $1.37 After Support Rebound
The post Worldcoin Price Today: WLD Targets $1.37 After Support Rebound appeared on BitcoinEthereumNews.com. Worldcoin is trading within a well-defined range, with the price currently consolidating around $1.27 after a sharp pullback from early September’s rally. The chart highlights horizontal zones of support and resistance, with buyers defending the 0.236 Fibonacci retracement level. At the same time, a supply zone between $1.37 and $1.40 has emerged as the next key area of interest, where any breakout could shape the short-term trajectory. Range Trading Concept Highlights Opportunity According to analyst Personel Trader on X, WLD’s setup offers a favorable risk-reward for long entries if support continues to hold. The analysis points to immediate buying pressure at lower levels, signaling demand strength as price retraces. The trading plan is built around capturing a swift reaction: with support intact, a 10% upward move into the $1.37–$1.40 resistance band remains likely. Source: X Personel Trader emphasizes the importance of tight risk management, with stop-losses placed just below the local support zone. This ensures downside exposure is limited while targeting a test of prior highs. The strategy rests on multiple confirmations—price stability at Fibonacci support, prior reactions at demand levels, and a potential bullish swing across broader market conditions. Market Data Shows Liquidity Additionally, data from BraveNewCoin provides context for the ongoing price action. Worldcoin trades at $1.27 with a market capitalization of $2.66 billion and a 24-hour trading volume of $323 million. The circulating supply sits at 2.1 billion tokens, placing the asset at rank #57 by market cap. Despite a 6.23% decline in the past day, liquidity remains robust across exchanges, reinforcing trader participation. Source: BraveNewCoin This backdrop suggests that while short-term sentiment has cooled, the token retains a solid base for potential recovery. If the $1.22–$1.20 support range continues to attract buyers, the token could regain bullish momentum and aim for its upper resistance targets. Conversely,…
The post Worldcoin Price Today: WLD Targets $1.37 After Support Rebound appeared on BitcoinEthereumNews.com.
Worldcoin is trading within a well-defined range, with the price currently consolidating around $1.27 after a sharp pullback from early September’s rally. The chart highlights horizontal zones of support and resistance, with buyers defending the 0.236 Fibonacci retracement level. At the same time, a supply zone between $1.37 and $1.40 has emerged as the next key area of interest, where any breakout could shape the short-term trajectory. Range Trading Concept Highlights Opportunity According to analyst Personel Trader on X, WLD’s setup offers a favorable risk-reward for long entries if support continues to hold. The analysis points to immediate buying pressure at lower levels, signaling demand strength as price retraces. The trading plan is built around capturing a swift reaction: with support intact, a 10% upward move into the $1.37–$1.40 resistance band remains likely. Source: X Personel Trader emphasizes the importance of tight risk management, with stop-losses placed just below the local support zone. This ensures downside exposure is limited while targeting a test of prior highs. The strategy rests on multiple confirmations—price stability at Fibonacci support, prior reactions at demand levels, and a potential bullish swing across broader market conditions. Market Data Shows Liquidity Additionally, data from BraveNewCoin provides context for the ongoing price action. Worldcoin trades at $1.27 with a market capitalization of $2.66 billion and a 24-hour trading volume of $323 million. The circulating supply sits at 2.1 billion tokens, placing the asset at rank #57 by market cap. Despite a 6.23% decline in the past day, liquidity remains robust across exchanges, reinforcing trader participation. Source: BraveNewCoin This backdrop suggests that while short-term sentiment has cooled, the token retains a solid base for potential recovery. If the $1.22–$1.20 support range continues to attract buyers, the token could regain bullish momentum and aim for its upper resistance targets. Conversely,…
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