Will Worldcoin rise to 32 What should traders pay attention to

CoinDesk Report:
Worldcoin’s trading is in a bullish state, and market activity indicates increasing buying pressure.
The forming golden cross, along with supportive market indicators, further strengthens the outlook.
It has risen by 31.74% in the past month, and Worldcoin is in a favorable position to expand its upward momentum.
The recent 0.35% increase aligns with the symmetrical bullish pattern, laying the foundation for potential breakthroughs and significant increases.
WLD will take significant measures.
On the 4-hour chart, as of the time of writing, Worldcoin is trading within a symmetrical triangle, recently bouncing off the support area of the channel, heading towards a potential breakthrough.
If the momentum is strong enough, the first target after breaking the resistance for WLD will be $2.650, which is its short-term goal.
If the bullish momentum continues, the price may reach the long-term target of $3.260.
However, if the resistance of the channel remains unchanged, WLD may experience a slight pullback before attempting another breakthrough, or it may face a downward trend, just like its last three attempts at this level.
Market sentiment supports this outlook, as detailed in the following AMBCrypto article.
Bullish on WLD
The number of long positions opened on WLD is steadily increasing, indicating that previously bearish traders are switching to bullish.
This shift is accompanied by a moderate 0.99% price increase, pushing open interest contracts to $250.64 million.
According to Coinglass, this gradual rise suggests that WLD’s price may follow a similar upward trend.
Further supporting this outlook is the finding by AMBCrypto that funding rates have also increased, currently at 0.0109%.
Positive funding rates, which means long positions paying short positions, indicate growing demand for long trades and lay the foundation for potential rebounds.
The golden cross indicates a potential upward trend
WLD is approaching a key bullish indicator, forming a cross pattern at the time of writing, with the blue MACD line crossing the orange signal line at readings of 0.019 and 0.020 respectively.
Read Worldcoin’s [WLD] price prediction for 2024–2025.
This cross suggests that WLD may gain further upward momentum.
The weakening of recent bearish momentum implies a shift, and if the golden cross is completed, the green momentum bar may rise. This would allow WLD to achieve significant gains beyond the current level.