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Worldcoin (WLD) has been gaining significant attention in the cryptocurrency market, with a 12% increase over the past week and a 22% gain over the past 30 days. This surge is part of a broader bullish trend in the market, with Ethereum (ETH) leading the way with a 21% gain over the past week, now trading near $3,600. The bullish momentum has extended to major altcoins, positioning WLD as a key token to watch for a potential breakout.
The formation of a Bearish Bat
pattern on the daily chart of WLD is signaling a potential for another strong upside move. This pattern, widely followed by technical traders, typically predicts a bullish continuation during its CD leg, with the price surging toward the final completion zone before any possible reversal. The pattern starts from point X near $2.60, drops to point A, rallies to point B, and then declines again to point C near $0.77. Since that low, WLD has staged a steady recovery and now trades around $1.14, pressing toward the 200-day moving average ($1.1923) — a crucial resistance level that could trigger further upside if broken.Based on harmonic projections, the Potential Reversal Zone (PRZ) for this Bat pattern lies between $2.36 and $2.60, aligning with the 0.886 and 1.0 Fibonacci extensions of the BC leg. If WLD breaks decisively above the 200-day MA with strong volume, the token could rally as much as 125% from current levels to complete the Bat pattern near $2.60. At that level, traders may expect profit-taking or a short-term pullback, as is typical at the PRZ. However, holding above the 100-day MA support ($1.02) will be critical to maintain the bullish momentum during this pattern completion.

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