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Worldcoin chart analysis - WLD correction possibleđź‘€

Long
Worldcoin chart analysis

WLD correction went down to FIB 50% with kind of double bottom

Afterwards we saw a massiv #bullish pump and reached FIB 127.2% extension - RSI not shown but extreme overbought

Since over 96% of all addresses are in profit a correction is very likely IMOđź‘€

Afterwards the FIB 161.8% at $12.75 is a reasonable next target

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The content shared is for educational purposes only and is my personal opinion

Comment:
Update Worldcoin chart analysis

WLD consolidation in a triangle pattern with bullish breakout potential to FIB 161.8%

We have seen a notable profit taking from 96% to now 70% of all addresses in profit

Also the RSI is clearly in normal condition

Looks like the next leg up is loading - more likely IMO

Break to the downside will bring us to ~$5

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