After weeks of choppy trading and fading momentum, Worldcoin is once again under pressure, but some analysts are calling the current pullback a potential long-term accumulation opportunity.
The token’s price has dropped sharply, sliding 25.16% in the past 24 hours to $0.90, reflecting rising market anxiety and renewed skepticism over the project’s stability.
Highlight Show Accumulation Zone Between $1.30–$1.35
According to an analysis shared by KNIGHT on X, the WLD/USD chart highlights a developing accumulation phase between $1.30–$1.35, represented by a green demand zone where buyers have repeatedly stepped in. The area exhibits a steep retracement from prior highs, indicating that traders perceive this region as a critical support base amid broader market volatility.
Source: X
The chart also marks two key resistance levels near $1.70 and $2.15, outlining the next targets should bullish momentum return. KNIGHT’s projection line indicates a gradual recovery pattern, with pullbacks followed by higher lows, potentially leading to a move toward $3.00 by year-end.
Supporting indicators, including early signs of a bullish MACD crossover and reduced selling pressure, lend technical weight to the possibility of stabilization if accumulation continues at current levels.
Market Data Confirms Steep Correction and High Activity
Fresh figures from BraveNewCoin confirm the ongoing correction, with Worldcoin currently priced at $0.90, reflecting a 25.16% daily decline. The token’s market capitalization stands at approximately $1.95 billion, while 24-hour trading volume has surged to $926 million, indicating intensified speculative activity. The token currently ranks #65 among global cryptocurrencies, with a circulating supply of 2.19 billion tokens.
Source: BraveNewCoin
This deep drawdown highlights the continued volatility in sentiment within the coin ecosystem. The data shows strong intraday fluctuations, with price ranges extending between $0.80 and $1.20, suggesting that the market is still digesting heavy selling pressure.
For bullish traders, the focus now turns to whether the $1.00 psychological level can be reclaimed in the short term, potentially reversing the downward momentum that has dominated the past sessions.
Analysts Warn of Risk After Sudden Flash Crash and Community Concerns
A separate post on X by analyst Muneeb drew attention to the violent crash that sent the coin tumbling from $1.30 to $0.30, sparking widespread concern among traders. The analyst noted that such extreme volatility often fuels fears of market manipulation or structural fragility within a token’s ecosystem. These incidents are not uncommon in crypto markets, where cascading liquidations and thin order books can amplify moves far beyond expectations.
Source: X
Muneeb’s analysis reflects a broader sentiment among investors: while the project continues to draw attention for its ambitious identity-verification goals, its tokenomics and transparency remain under scrutiny. As the crypto market digests this latest shock, traders are urged to exercise caution, emphasizing that risk management and skepticism are vital in speculative environments like Worldcoin’s.