WORLD COIN Potential Scenarios
Potential Scenarios:
Bullish Scenario:
If the price holds above 2.7 and breaks the downward trendline, we can expect a rally towards the Fibonacci levels, with targets at 4.0, 5.5, and 7.0.
Confirmation would come from a break above the trendline and increased buying volume.
Bearish Scenario:
If the price fails to hold the 2.7 support, we could see a further decline, potentially making new lows below 2.7.
Watch for decreased volume during the downtrend for signs of weakening bearish momentum.
Bullish Scenario:
If the price holds above 2.7 and breaks the downward trendline, we can expect a rally towards the Fibonacci levels, with targets at 4.0, 5.5, and 7.0.
Confirmation would come from a break above the trendline and increased buying volume.
Bearish Scenario:
If the price fails to hold the 2.7 support, we could see a further decline, potentially making new lows below 2.7.
Watch for decreased volume during the downtrend for signs of weakening bearish momentum.
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