Zooming out and examining Worldcoin, you will see it's down every single week since inception. A coin which users claim and sell will have constant sell pressure, driving the price lower & lower. It's likely that this coin will follow the path of moist altcoins, initial high, with a slow decline towards zero.
Even though it's in a downtrend, it would be wise to wait for pullbacks on a longer term time frame to enter, such as the hourly to time an entry.
Often there is support around whole numbers like $1. In this play, look for the break of the $1 area, then observe as this $hitcoin descends to the record lows.
Even though it's in a downtrend, it would be wise to wait for pullbacks on a longer term time frame to enter, such as the hourly to time an entry.
Often there is support around whole numbers like $1. In this play, look for the break of the $1 area, then observe as this $hitcoin descends to the record lows.