Worldcoin WLD long medium-term trade #18

Altcoins prices are starting to reach areas where we would be ready to buy longs for medium-term trades.
So we'll try to publish a little more trades for the community in the near future, but it's not certain)

Today, we'll take a look at Worldcoin, which is a fairly young coin but has already made "a name for itself".
It's worth remembering that many WLDs were given away for free, and some were given for a retinal print. And there are still relatively few coins in circulation of the declared number.

Despite the fact that the 12hr candlestick draws a pinbar-like pattern that can give a chance for a rebound to $1.65, we are ready to buy this coin on the following conditions:

• Entry: in the range of $1.20-1.36 (desired average price of $1.28)
  
• Stop: $1.094 (-14.53%)
  
• Take profit: $2.27 (+77.34%)
  
• P/L ratio: 5.3
  

Since this is a trade with a medium-term timeframe, and the coin itself is volatile, the stop is relatively large, but the prospects for potential take profit are not bad.
We allocate $5,000 for WLDUSDT trade, in the event of a mistake, we will lose $726. If the trade will be a success, we will receive a profit of $3860

Trade active

Trade closed: target reached