WLD/USDT Bullish Momentum ?? Worldcoin Today AnalysisYello Paradisers, Spotlight on WLD: A Shift from Bearish to Bullish Trend
💎 WLD has successfully regained its footing in the demand zone and is now challenging the resistance trendline of its descending channel.
💎 Additionally, WLD has broken past the 'Choch' area, which was a previous lower high, to establish a new higher high. The 'Choch' indicator often signals a trend reversal, making this a positive sign for WLD as it indicates a short-term shift from a bearish to a bullish trend.
💎 For entry points, you have two options. You can either wait for WLD to retest the demand zone to confirm its upward trajectory and set new higher highs, or you can enter the trade once WLD breaks out of the descending channel. The potential target for this bullish move could be the Bearish Order Block (Bearish OB) zone.
💎 This bullish outlook would be invalidated if WLD closes below the demand zone, as this would likely signal a continuation of lower lows.