WLD Price Nears Trendline Resistance with $3.07 Breakout in Sight

Worldcoin (WLD) is approaching a critical breakout point as it tests a major descending trendline on the daily chart, capturing the attention of both technical analysts and traders. WLD Price, now near $1.19, has formed higher lows since June and is testing resistance held since late 2023.

Analysts highlight this technical setup as pivotal, suggesting that a confirmed breakout could drive WLD toward targets between $1.32 and $3.07.The Worldcoin price action has shown mixed behavior in the past 24 hours, with an early rally to $1.18 followed by a retracement to $1.14. Despite this pullback, analysts believe WLD remains technically bullish if it holds support above $1.12.

WLD Price Nears Trendline Resistance with $3.07 Breakout in Sight

Worldcoin (WLD) is approaching a crucial resistance zone after recovering steadily from June lows. The daily chart shows the token trading near $1.19, just below a descending trendline that has defined price action since late 2023.

Source: BraveNewCoin

The trendline has served as a major resistance level, rejecting multiple breakout attempts over several months. As price consolidates below this level, market participants are closely monitoring whether WLD can secure a daily close above the structure.

Analyst Clifton Fx noted that a breakout confirmed by a momentum candle could trigger an upward movement toward the $3.07 target. The projected rally reflects a potential gain of approximately 154% from current levels.

Source:X

Clifton emphasized that the setup is supported by a broader trend of higher lows formed in recent weeks, which indicates improving buyer interest and technical recovery strength. A breakout from this descending structure would mark a structural shift in trend.

Bitcoin Meraklısı Projects Gradual Upside Targets

Analyst Bitcoin Meraklısı also shared a chart identifying the same descending trendline, with Worldcoin currently testing resistance around $1.187. According to the analysis, this zone has suppressed price growth since November 2024. A confirmed breakout would open the way for WLD to challenge several overhead targets.

Source:X

The initial level to watch is $1.320, followed by $1.622 and $2.149 as the next resistance points. These targets represent zones of prior consolidation and supply. The analyst emphasized the importance of volume and follow-through momentum to sustain a breakout.

Without those conditions, the WorldCoin price could remain trapped below resistance. The market structure around this zone is critical in determining whether a continuation or rejection will define the next phase of WLD’s movement.

24-Hour Chart Reveals Mixed Price Action

Over the past 24 hours, WLD Price experienced both bullish and corrective phases. The session began with a sharp move upward from below $1.12, reaching a local high above $1.18. This early strength reflected strong interest and short-term bullish momentum. Volume data confirmed steady trading during the rally, suggesting broad market engagement.

Following the initial surge, the WorldCoin price retraced from the high and declined back to the $1.14 level. This formed a descending short-term pattern that erased a portion of earlier gains.

Despite the pullback, overall volume remained consistent, pointing to normal market activity rather than aggressive selling. Maintaining support above $1.12 will be key if buyers aim to retest the recent high or attempt a breakout above the trendline resistance.

Breakout Scenario Eyes $3.07 Upside Target

Should WLD confirm a breakout with strong volume and a daily close above the descending trendline, bullish projections may come into focus. Clifton Fx’s $3.07 target represents the upper boundary of the forecast based on the measured move approach.

This level has been plotted from the base of recent consolidation zones and fits the broader recovery context if the breakout unfolds as expected.

Traders are watching closely for confirmation, as any close above $1.20 with strong follow-through could act as the catalyst for a broader rally. On the downside, failure to hold above $1.12 could invalidate the setup and trigger renewed selling pressure. The next few sessions will likely define the directional path for Worldcoin as it approaches a decisive technical level.