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Worldcoin [WLD] Bulls Eye Entry Points – Here’s Where to Strike

Worldcoin [WLD] Bulls Eye Entry Points – Here’s Where to Strike

Author:
Ambcrypto
Published:
2025-05-23 06:30:49
18
2

WLD’s price action hints at a potential breakout—traders are circling for long positions. Forget the moon, let’s talk realistic targets.

Key levels to watch: If buyers hold support here, the next leg up could surprise skeptics. (And yes, we see you, Wall Street—still pretending not to FOMO into crypto.)

Volatility ahead? Absolutely. But for once, the risk might actually be calculated.

Should WLD traders expect a short-term pullback?

Worldcoin 1-day Chart

Source: WLD/USDT on TradingView

The 1-day chart revealed that an uptrend had already been in progress before the most recent 1-day candle burst out beyond $1.4. After the breach of the $1 psychological resistance (white) towards the end of April, the bullish intent was made clear.

Worldcoin dipped below $1 in early May, likely in a move to hunt liquidity, before reversing swiftly. A week ago, WLD’s price dipped to $1.07, once again retesting the demand zone around $1.

Throughout the past two months, the OBV has been trending higher. It made higher highs and higher lows and at press time, was pushing higher again. The RSI was at 72, the first foray into overbought territory in nearly two weeks. However, neither indicator highlighted a bearish divergence on this timeframe, and the rally could easily push towards $2 and beyond in the coming weeks.

Worldcoin 4-hour Chart

Source: WLD/USDT on TradingView

The market does not move in a straight line upwards. The 4-hour chart appeared to be the exception to the rule. On the back of heavy demand over the past few days. Worldcoin rallied by 41% in under 36 hours.

While it was impressive, traders looking to go long should not FOMO now. They can wait for a pullback to $1.4, the long-term S/R level. A deeper dip to the previous local highs at $1.32 may also be possible.

Patience WOULD be key for traders looking to re-enter a long trade. Meanwhile, traders already in long positions could book profits, especially if trading with leverage. Finally, at press time, the H4 RSI was at 87 – A high that has not been matched in recent weeks.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

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