$WLD Awaken Strongly ๐
Worldcoin (WLD) just increased by 10% after a deep correction of 60%, reigniting hopes towards the 2 USD mark. Open contracts have reached 18 million USD, positive funding rate, Spot Netflow recorded +306,000 USD โ indicating that the cash flow still supports the bulls.
On the chart, WLD broke out of the bullish triangle pattern, MACD is approaching the bullish zone, although ADX is slightly weakening. Important resistance levels: 1.42 USD โ 1.63 USD before dreaming of a target of 2 USD.
Although Spot has short-term profit-taking moves, the net cash flow turning positive indicates that the selling pressure is not yet a reversal signal. If demand returns, the next bounce could very well happen.
๐ This article is just a fun share, not financial advice. Investing is a risky game, wins or losses are on you ๐