Worldcoin (WLD) shows a positive market dynamic, undergoing important changes in its price structure. Currently, traders are focused on support levels and the potential breakout of resistance levels.
Market Trends of Worldcoin
This week, Worldcoin (WLD) broke free from a prolonged downtrend, flipping key resistance levels into support. After building a solid base around $0.60, the token reached a local high of $1.20 before a slight correction.
Support and Key Levels on the Chart
On the 4-hour chart, WLD remains well above critical exponential moving averages. The EMA 20 is at $0.98 and the EMA 50 at $0.88, providing dynamic support if the price declines.
Trader Expectations and Prospects
Although momentum indicators show signs of cooling, the trend remains bullish. Traders are watching the $1.0770–$1.0380 range as Worldcoin prepares for the next significant move.
The crypto community is closely monitoring the developments in the Worldcoin market, anticipating a potential breakout above the $1.20 level. Support at $1.08 remains critical for short-term prospects.
