Worldcoin Price Eyes Breakout as WLD Retests $1.40 Resistance Zone
The post Worldcoin Price Eyes Breakout as WLD Retests $1.40 Resistance Zone appeared on BitcoinEthereumNews.com. Worldcoin (WLD) continues to trade within a volatile structure, attempting to reclaim momentum after recent downside pressure. The token briefly recovered from sub-$1 levels in early July but encountered resistance near the $1.40 region. Technical indicators now suggest WLD is approaching a critical juncture, with bulls eyeing a breakout while sellers remain active. At the time of writing, WLD is priced at $1.007, reflecting a 4.28% intraday loss. Worldcoin Price Structure and Resistance Zones According to a recent chart shared by Kriptoteless, WLD/USDT remains below a short-term resistance block between $1.40 and $2.00, marked by repeated price rejections over the past few weeks. The chart identifies this red resistance zone as a key ceiling, with the token currently testing its lower boundary. Beyond this range, the analyst mapped out potential mid-term and long-term targets at $3.681 and $5.290, respectively. These levels represent critical breakout targets if upward momentum is sustained. Source: X Support appears to be forming near the $0.90–$1.00 region, a range that has seen increased participation in recent sessions. Volume indicators show growing activity as WLD approaches resistance, which could help propel the asset if it clears the overhead supply. However, a failure to break above this range may prompt a pullback, potentially leading to a retest of previous lows. Kriptoteless emphasized that a sustained move beyond $2.00 would likely shift the market structure into a bullish phase with expanded upside targets. Market Sentiment Reflects Short-Term Weakness Additionally, WLD’s 24-hour chart shows a 7.08% drop, falling from a local high of $1.06 to around $1.01 before settling slightly lower. This steady decline unfolded over multiple sessions, punctuated by minor rebounds, but ultimately maintained a bearish trajectory. The price weakened after July 14, losing momentum and falling below $1.02 in the early hours of July 15. Despite this pullback,…
The post Worldcoin Price Eyes Breakout as WLD Retests $1.40 Resistance Zone appeared on BitcoinEthereumNews.com.
Worldcoin (WLD) continues to trade within a volatile structure, attempting to reclaim momentum after recent downside pressure. The token briefly recovered from sub-$1 levels in early July but encountered resistance near the $1.40 region. Technical indicators now suggest WLD is approaching a critical juncture, with bulls eyeing a breakout while sellers remain active. At the time of writing, WLD is priced at $1.007, reflecting a 4.28% intraday loss. Worldcoin Price Structure and Resistance Zones According to a recent chart shared by Kriptoteless, WLD/USDT remains below a short-term resistance block between $1.40 and $2.00, marked by repeated price rejections over the past few weeks. The chart identifies this red resistance zone as a key ceiling, with the token currently testing its lower boundary. Beyond this range, the analyst mapped out potential mid-term and long-term targets at $3.681 and $5.290, respectively. These levels represent critical breakout targets if upward momentum is sustained. Source: X Support appears to be forming near the $0.90–$1.00 region, a range that has seen increased participation in recent sessions. Volume indicators show growing activity as WLD approaches resistance, which could help propel the asset if it clears the overhead supply. However, a failure to break above this range may prompt a pullback, potentially leading to a retest of previous lows. Kriptoteless emphasized that a sustained move beyond $2.00 would likely shift the market structure into a bullish phase with expanded upside targets. Market Sentiment Reflects Short-Term Weakness Additionally, WLD’s 24-hour chart shows a 7.08% drop, falling from a local high of $1.06 to around $1.01 before settling slightly lower. This steady decline unfolded over multiple sessions, punctuated by minor rebounds, but ultimately maintained a bearish trajectory. The price weakened after July 14, losing momentum and falling below $1.02 in the early hours of July 15. Despite this pullback,…
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