Worldcoin (WLD) faces intense selling pressure as its price tumbles 9.01% in a single day, trapped beneath a stubborn bearish trendline that’s crushed every recovery attempt since early 2025. With critical support levels at stake, traders wonder: can WLD break free from this downward spiral?
Worldcoin’s Bearish Trendline: The Invisible Ceiling
The descending trendline has become WLD’s nemesis, rejecting every bullish attempt since its formation. Key observations:
- Price rejected 5 times at trendline since May 2025
- Current resistance: $1.23 (daily close basis)
- Breakout confirmation level: $1.65
WLD Price Analysis: Critical Levels to Watch
Worldcoin’s technical structure reveals make-or-break zones:
| Level | Significance |
|---|---|
| $1.23 | Immediate resistance |
| $1.09 | Current support |
| $0.748-$0.771 | Last defense against collapse |
Cryptocurrency Market Sentiment Turns Against WLD
Despite 10.94% higher trading volume ($243.65M), Worldcoin’s market cap fell 8% to $2.03B. This divergence suggests:
- Strong selling pressure outweighs buying interest
- Unlocked market cap ($4.04B) looms as potential overhang
- Bearish momentum may continue without catalyst
Can Worldcoin Break the Bearish Cycle?
The path to recovery requires:
- Daily close above $1.65 to invalidate downtrend
- Defense of $0.748-$0.771 support zone
- Sustained volume increase with price confirmation
FAQs: Worldcoin’s Price Struggle
Q: Why is Worldcoin dropping?
A: WLD remains constrained by a multi-month bearish trendline, with failed breakout attempts eroding buyer confidence.
Q: What’s Worldcoin’s critical support level?
A: The $0.748-$0.771 zone has repeatedly held, making it the last major support before potential capitulation.
Q: When could WLD’s trend reverse?
A: Only a confirmed break above $1.65 would signal potential trend reversal, according to technical analysis.
Q: Is the trading volume increase bullish for Worldcoin?
A: Not necessarily – the volume surge accompanied price declines, suggesting distribution rather than accumulation.
