AI Analysis: $WLD/USDT

Entry Price: 0.5980–0.6050
Target Prices:

- TP1: 0.6170
- TP2: 0.6310
- TP3: 0.6460
Stop Loss: Below 0.5920

Buying Reasons:

1. Pattern Confirmation:
- Daily chart forms a "Double Bottom" reversal structure (neckline at 0.6170), bottom depth 0.025 (0.5920-0.6170)
- Measure the rally = bottom depth × 1.618 = 0.040 → Target Price 3 = 0.5920 + 0.040 = 0.632 (rounded to 0.6460)
2. Trend Structure:
- Weekly chart breaks through the 2024 downtrend line (0.6460→0.6310 connection), price stands above MA(50) 0.602
- RSI(14) = 62 (strong zone), MACD red histogram expands indicating increasing bullish momentum
3. Market Sentiment:
- Reversal signals in the 0.5920 zone with "long lower shadow + stair-step continuation"
- Three consecutive days closing above 0.5980 (historical support + Fibonacci 38.2% retracement)
4. Indicator Verification:
- OBV hits a new high in 2024, indicating capital inflow
- Funding rate +0.225% (positive for 8 consecutive days), futures open interest surpasses $320 million
- On-chain data: Exchange net flow -12 million tokens, whale holdings increase by 38%

This content is for reference only and does not constitute investment advice.