Worldcoin (WLD) price faces potential negative changes and may drop to $0.50. Analysis shows that the current situation requires attention.
Technical Analysis of WLD Price
Analyst Ali (@ali_charts) highlighted the risk of a drop, signaling a key breakout pattern that could lead to a price decline of WLD to the $0.50 level. His chart places WLD at the edge of a triangular structure, struggling to hold above $1. Ali emphasizes that a breakdown below this level could open the path to significant declines.
Overview of WLD Support Level
An additional perspective on the Worldcoin price supports the bearish scenario. The support that had been maintained since April has been broken, which threatens further declines. Losing this level, which acted as a floor for buyers, may lead to a loss of market confidence and accelerate the price drop.
Conclusion on Current Market Situation
The Worldcoin price has reached a critical point. Analysis indicates that a potential drop to $0.50 may occur if the triangle pattern breaks, especially after losing the support level that has existed since April. This may signal the beginning of a new bearish phase for WLD.
The situation in the Worldcoin market requires careful observation. Current technical signals indicate the possibility of a significant price drop, which may influence the actions of traders and investors.
