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Worldcoin (WLD) Holds Key Support as Buyers Eye 40% Bull Run Target

Brave New Coin
Worldcoin (WLD) is consolidating near crucial $0.85–$0.90 support, with technical indicators suggesting potential for a 30-40% rebound if this level holds.

Summary

Worldcoin (WLD) is currently trading near $0.87 and is consolidating above a significant support zone between $0.85 and $0.90, which has historically acted as a reaction zone during downturns. If buyers successfully defend this area, the token could initiate a 30% to 40% upside move, targeting resistance around $1.15. Conversely, a failure to hold this support could lead to a drop toward the $0.70 zone.

Market metrics show WLD is up 2.32% in 24 hours, with a market cap of $1.95 billion and trading volume of $192.97 million. Technical indicators, such as the Relative Strength Index (RSI) at 35.55, suggest selling momentum may be weakening as the asset approaches oversold territory. A confirmed close above $0.90 is needed to solidify short-term stability and potentially trigger the anticipated bullish recovery.

(Source:Brave New Coin)