#Worldcoin reached a new all-time high (ATH) in March, demonstrating strong bullish price action.
Since March, $WLD has been consistently influenced by bearish sentiment.
Worldcoin is showing signs of regaining momentum, suggesting a potential bullish reversal.
The token has been forming lower lows and lower highs, with breakdowns observed in key support levels.
Recently, it dropped below a trading range of $4.3 to $6, signaling continued downward pressure.
The token has bounced back from its lower support levels, with $2.5 identified as a critical support zone.
According to Coin Gabbar analysis, a resurgence in bullish momentum could see Worldcoin testing upper resistance around $5.600.
Conversely, if bears maintain control, the altcoin might drop towards a crucial support level at $2.150.
KEY LEVELS :
RESISTANCE LEVEL : $4.200-$6.500
SUPPORT LEVEL : $2.000-$1.000
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