Worldcoin/Tether
Long

WLDUSDT — Decision Point at the Edge of the Triangle

279
Chart Structure:

WLD/USDT has been forming a large descending triangle for months.

The chart shows a series of lower highs pressing down against a flat base support at $0.80–$0.90 (yellow box).

Current price sits around $0.87, right at the critical zone where a decisive move is highly likely.

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🔎 Technical Pattern

Descending Triangle → typically a bearish continuation pattern, but it can also trigger a false breakdown before a major reversal.

This area now acts as a battlefield of accumulation vs distribution. If buyers hold the line, a bullish reversal is possible.

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🚀 Bullish Scenario (Potential Reversal)

1. Key trigger: 2D candle close above the descending trendline and hold >$1.08.


2. Validation: Successful retest of $1.08 as new support.


3. Upside targets:

$1.21 → first resistance

$1.63 → strong supply zone

$2.32 → mid-term target

$3.80–$4.20 → major supply zone if momentum continues


4. Invalidation: Failure to stay above $0.95 after breakout.

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📉 Bearish Scenario (Potential Breakdown)

1. Main trigger: 2D close below $0.80 (triangle base breakdown).


2. Validation: Retest $0.80–$0.85 as resistance.


3. Downside targets:

$0.63 → minor support

$0.57 → historical low


4. Invalidation: Quick reclaim and hold above $0.90–$0.95.

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⚖️ Conclusion

WLD is entering a make-or-break phase.

A confirmed breakout could start a recovery trend with upside targets up to $2.32 and beyond.

A breakdown, however, could lead to capitulation toward $0.63–$0.57.


As price is now compressed at the tip of the triangle, a major move is imminent.

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✍️ Suggested Caption for TradingView

“WLDUSDT is at a critical decision point inside a descending triangle.

Bullish case: Break and hold above $1.08 → targets $1.21 / $1.63 / $2.32.

Bearish case: Breakdown below $0.80 → targets $0.63 / $0.57.
The market is about to decide — accumulation or capitulation?”

#WLDUSDT #Worldcoin #CryptoAnalysis #TechnicalAnalysis #DescendingTriangle #SupportResistance #PriceAction #Breakout #Breakdown #CryptoTrading

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