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#WLD# As of May 1, 2025, Worldcoin (WLD) is trading at approximately $1.138 USD, reflecting a modest increase of about 3.36% in the last 24 hours. The price has been fluctuating between $1.01 and $1.15, indicating a period of consolidation.
Technical indicators present a cautiously optimistic outlook. The Relative Strength Index (RSI) is hovering around 50, suggesting that WLD is in a neutral zone—not overbought nor oversold. The Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, hinting at potential upward momentum.
For those considering a long trade, a confirmed breakout above the $1.15 resistance level with increased volume could signal a bullish trend continuation. Conversely, a drop below the $1.01 support level might present a short trade opportunity, targeting lower support zones.
Beginner traders should exercise caution during such consolidation phases. It's essential to wait for clear signals before entering a trade and always employ proper risk management strategies, such as setting stop-loss orders to mitigate potential losses.