Worldcoin (WLD) Eyes 17% Upside as Price Holds Above $0.88 Support
Worldcoin (WLD) shows bullish potential for a 17% price increase toward $1.03 after successfully holding the $0.88 support level.Summary
Worldcoin's price structure has shifted to a bullish setup after reclaiming the $0.88 support level, suggesting a potential 17% upside move targeting the $1.03 resistance zone. This setup involves a long entry near $0.881, breaking above a descending trendline, with a favorable risk-to-reward ratio of approximately 1:5. However, this bullish scenario is invalidated if the price drops below $0.853.
Market data shows Worldcoin trading at $0.88, up 3.37% in 24 hours, with a market cap of $1.98 billion and a trading volume of $153.6 million. Increasing trading volume supports the idea of accumulation near the $0.85–$0.88 support range.
Technical indicators like the Bollinger Band Power and Chaikin Money Flow suggest stabilizing momentum, with decreasing bearish pressure and improving capital flow balance, reinforcing the possibility of a short-term push toward the $0.95–$1.03 resistance if support holds.
(Source：Brave New Coin)