Worldcoin (WLD) is showing signs of a potential bullish reversal as buying pressure improves and momentum indicators turn positive. A sustained breakout could attract renewed interest and strengthen bullish sentiment, while failure to hold key support may trigger another wave of selling pressure.

At the time of writing, WLD is trading at $0.3600 with a 24-hour trading volume of $296.13 million and a market capitalization of $1.29 billion. Following the 12.35% gain over the last 24 hours, WLD's price structure and improving technicals point to a bullish reversal ahead. (Source: CoinMarketCap)

For readers less familiar with the project, Worldcoin — rebranded as World in late 2024 — is a digital identity network co-founded by OpenAI CEO Sam Altman. It verifies unique humans through iris-scanning devices known as Orbs and rewards participants with WLD, positioning its World ID credential as a "proof of personhood" tool at a time when AI-generated content is making it harder to distinguish people from bots online. The project has also faced privacy-related scrutiny over its biometric data collection, with regulators in markets including Spain, Portugal, Hong Kong, and Kenya having taken actions such as temporary suspensions — a backdrop that has repeatedly weighed on sentiment toward the token.

Worldcoin Price Eyes Major Breakout Above $2.17

According to the crypto analyst “chief of overthinking,” Worldcoin (WLD) is trading near $0.34, far below its previous all-time high of around $12, set in early 2024. The sharp decline has pushed the token into a deeply depressed range, but traders are watching for signs of a potential reversal. A decisive move above $2.17 could mark an important shift, signaling renewed buyer interest and improving market sentiment around WLD. (Source: chief of overthinking's X post)

However, if the momentum holds, $4.19 could serve as the next level of resistance, a zone that may draw additional speculative interest. The ultimate recovery objective sits at $11.97 — a very high upside target representing a gain of approximately 3,400% from $0.34 — but one that would only be possible with sustained buying interest from the market.

Technical Indicators Point to Upward Breakout

According to TradingView, WLD has bounced back from the $0.315–$0.320 zone where it was trading recently, as seen on the 4-hour chart. The token has crossed above the middle Bollinger Band at $0.341, and its current price of $0.361 reflects renewed buying interest in the token. A break above $0.377, the upper Bollinger Band, would further improve the positive setup.

Improvements are also visible in the momentum indicators, as the MACD histogram turns bullish when the MACD line begins its upward move following a steep decline. This shows that bearish momentum is weakening and that buyers are taking control again. The $0.341 level has now become crucial support for the pair, and a breakdown at this level may lead WLD back to $0.320.

What Happens Next?

WLD's price movement will depend on whether bulls can successfully defend the $0.341 level and surpass the $0.377 resistance. The reaction at these two levels is expected to determine the direction of the token's next move. A confirmed breakout would help bulls build momentum to test $2.17. In the event bulls are unable to sustain $0.341, increased selling pressure could emerge and send WLD down to $0.320 and the lower Bollinger Band at $0.305.

Beyond the chart, these technical levels sit within a wider context: WLD's trading history has been punctuated by project-specific developments — including regulatory decisions and World ID adoption updates — alongside the broader altcoin market, so headline risk accompanies the momentum signals.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.