Worldcoin (WLD) Eyes 17% Upside as Price Holds Above $0.88 Support

Market structure and technical indicators suggest a potential 17% upside move toward the $1.03 mark, signaling growing optimism for a short-term bullish reversal.

Bullish Setup Suggests Potential 17% Breakout

Recent technical patterns reveal that Worldcoin’s price structure has shifted toward a bullish setup after successfully reclaiming the $0.88 support level. The current trading formation suggests a possible 17% upside move if the momentum holds.

The trade setup reflects a long entry near $0.881, marking a breakout above a descending trendline that previously capped upward movement. This breakout indicates a change in short-term sentiment, with buyers regaining control over the price direction.

Source: X

The targeted level at $1.03 coincides with a key resistance zone that aligns with prior swing highs. This range represents the expected upside potential, confirming a favorable risk-to-reward ratio of approximately 1:5. However, the structure remains sensitive — a sustained move below $0.853 could invalidate the bullish scenario and signal renewed selling pressure.

Market Data Confirms Growing Activity

According to data from BraveNewCoin, Worldcoin’s current price stands at $0.88, reflecting a 3.37% increase over the last 24 hours. The project’s market capitalization is now $1.98 billion, supported by a 24-hour trading volume of approximately $153.6 million. The available circulating supply sits at 2.24 billion tokens, ranking the token 68th among digital assets by market cap.

Source: BraveNewCoin

Trading volume has shown a gradual increase in recent sessions, reinforcing the idea that market participants are accumulating positions near current levels. This uptick in liquidity supports the notion that buyers are becoming more active around the $0.85–$0.88 range, a zone now acting as dynamic support following the latest breakout.

Technical Indicators Point to Stabilization

At the time of writing, Worldcoin is trading around $0.882, up 2.2% on the day, as shown by data from TradingView. After its prolonged decline from highs near $2.21, the token appears to be forming a base between $0.85 and $0.86. The chart’s recent candles reveal small-bodied formations, suggesting a phase of consolidation and possible accumulation.

Source: TradingView

The Bollinger Band Power (BBPower) indicator currently prints –0.119, highlighting mild bearish pressure but with decreasing intensity, hinting at a potential shift toward neutral momentum. Similarly, the Chaikin Money Flow (CMF) at –0.01 shows reduced capital outflows, signaling an improving balance between buying and selling forces.

If the token maintains support above $0.85 and volume continues to rise, a short-term push toward the $0.95–$1.03 resistance zone could materialize, aligning with the projected 17% upside target.