WLD / TetherUS
Long
Updated

WLD long

619
BTC Status

  • Current Status: 102k Hold
  • Technicals: 6/10 bullish (based on chart analysis and Coinglass data)
  • Target: $4.20


About Worldcoin

Mission Statement
The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, providing ownership to everyone.

Core Concept
The Worldcoin system centers around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining privacy through zero-knowledge proofs.

To interact with the Worldcoin protocol:

  1. Users must download World App, the first wallet supporting World ID creation.
  2. Users visit a physical imaging device called the Orb to obtain their Orb-verified World ID.
  3. Orbs are operated by independent local businesses known as Orb Operators.


The Orb uses multispectral sensors to verify humanness and uniqueness. All images are deleted on-device by default unless the user explicitly consents to data storage (Data Custody).

What Makes Worldcoin Unique?
Worldcoin aims to achieve global adoption at a billion-person scale, creating the largest identity and financial network. Unlike most crypto projects, the majority of WLD tokens are distributed to individuals simply for being human.

Technical Analysis

  1. Breakout: Price has broken out of a falling wedge and through VWAPs (Volume-Weighted Average Prices), signaling bullish momentum.
  2. Strategy: Potential entries or trade compounding at support/resistance (S/R) levels, Point of Control (POC), and Fibonacci levels.


4-Hour Chart:

VMC (Vumanchu): Bullish
ADX (Average Directional Index): Bullish
RSI (Relative Strength Index): Overbought

30-Minute Chart:

Similar bullish signals as on the 4-hour chart.
Trade active
Trade closed: stop reached
Note
I will enter it later

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