Worldcoin Price Fails to Break Above $0.99 and Risks a Deeper Pullback

Worldcoin (WLD) has entered a crucial retest phase as price action returns to the $0.96 support zone following a multi-session downtrend.

The recent decline comes after WLD failed to sustain momentum above $1.20, triggering a shift in market structure visible on the 4-hour chart.

Traders are closely monitoring whether the token can hold this neckline region from a previously completed inverse head-and-shoulders pattern. A breakdown below current levels could signal further losses, while a bounce may revive bullish targets above $1.22.

With WLD now trading around $0.95, crypto analysts are identifying key resistance at $0.90 and major upside targets between $1.22 and $1.64. Short-term volatility and weakening volume suggest uncertainty remains high as traders await clearer directional cues.

Worldcoin Price Fails to Break Above $0.99 and Risks a Deeper Pullback

Worldcoin (WLD) is struggling to maintain upward momentum after repeated rejection near the $0.99 resistance. The token is trading near $0.95 at the time of writing, down 2.83% over the last 24 hours. Despite several rebound attempts, the price action remains confined within a tight band, suggesting hesitancy among buyers. Analysts are now closely watching the $0.93 to $0.94 support zone for potential breakdown or stabilization.

Source: BraveNewCoin

Recent trading activity has shown that WLD failed to sustain gains after reaching intraday highs near $0.99. Sharp pullbacks followed each rally, forming a consistent pattern of lower highs and lower lows. This structure aligns with broader market caution and reinforces bearish sentiment in the near term. Volume remained moderate at $188.52 million, indicating active participation but no strong bullish control.

Market Watcher Identifies Crucial Retest at $0.96

Crypto analyst Market Watcher pointed out that WLD is currently retesting a key technical zone around $0.96. This level coincides with the neckline of a previously completed inverse head-and-shoulders pattern on the 4-hour chart. According to the pattern logic, this retest may serve as a make-or-break level for the ongoing trend.

Source: X

The WorldCoin price is now hovering near this support area, attempting to establish a base for a potential bounce. However, the lack of momentum and rapid selling pressure suggests that traders remain cautious.

Market Watcher emphasized the presence of multiple resistance levels above the current price at $1.221, $1.430, and $1.645. Unless the price can rebound decisively from this zone, traders may begin targeting lower take-profit areas.

Resistance Near $0.90 Adds to Pressure

Another analyst, CW, observed that the $0.90 zone remains a dense sell wall for WLD. This area has repeatedly rejected bullish advances, particularly after the breakdown from the $1.40 region. On the hourly chart, the pattern of lower highs and lower lows continues, suggesting seller strength remains dominant.

Source:X

CW added that the range between $0.90 and $1.40 contains multiple resistance clusters, where selling interest could suppress further rallies. The analyst also outlined key support regions between $0.83 and $0.76.

A breach of these support areas may prompt further downside, particularly if volume fails to increase on recovery attempts. Until WLD reclaims levels above $0.90, the price structure remains biased to the downside.

Short-Term Price Action Shows Weak Recovery Attempts

During the latest trading session, WLD displayed high volatility, oscillating between $0.93 and $0.99. Although the token briefly touched the upper range, each advance was met with selling pressure. By the end of the observed period, WLD Price had returned to the lower band, near $0.94, reflecting a fading recovery attempt.

Traders monitoring intraday movements note that volume spikes occurred mostly during downward moves, reinforcing the bearish sentiment. The failure to reclaim the $0.97–$0.98 level now positions WLD at risk of further pullbacks.

If Worldcoin price slips below $0.93, attention will turn to the next support levels near $0.90 and $0.83. Meanwhile, upside attempts will need a strong close above $0.99 to alter the short-term outlook.