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#WLD# WLD coin's PA has formed a double bottom pattern. This pattern is usually considered a potential pump signal in technical analysis. Specifically, WLD coin has broken through a key MA and gained pump momentum, with increased buyer attention and expectations of breaking through the neckline resistance at $6.
The formation of a double bottom pattern means that after a period of decline, the WLD coin starts to Rebound and forms two similar low points, followed by the price potentially pumping further. This pattern often appears with an increase in volume and an increase in investor interest, providing momentum for the subsequent pump of the WLD coin1.
It is worth noting that although the WLD coin has formed a double bottom pattern, the future price action is still influenced by various factors, including market sentiment, macroeconomic environment, and the overall performance of the cryptocurrency market. Therefore, investors should consider various factors when making investment decisions, for reference only.