Worldcoin (WLD) is gaining momentum, testing a resistance level in the $1.10–$1.15 range. Rising trading volumes indicate increasing buyer activity.
Horizontal Resistance Under Pressure
Crypto analyst CryptoBull_360 shared a chart on the X platform indicating that WLD is approaching a decisive move from its horizontal resistance zone. The price has tested this barrier multiple times, with each attempt reducing selling strength.
This level previously capped price action following a sharp rally in late July, triggering a retracement that found support around $0.80. Since then, WLD has consistently made higher lows, signaling accumulation by market participants.
The latest surge toward this resistance confirms growing demand.
Momentum Strengthened by Rising Volume
Over recent uptrends, the volume of trading has been rising, indicating that more players are trying to get into their positions in anticipation of a breakout. Expanding volume typically signals greater conviction behind price movement.
The appreciation of price along with increasing volume can indicate growing bullishness. When those requirements fall into place at a major resistance level, that is where the chances of an upward breakout increase dramatically.
Upside Target and Risk Levels
Should the breakout at WLD above $1.15 materialize, then the implied swing could stretch to around $1.45–$1.50 where the previous structural levels were hit. This would mark a substantial rally over a short period.
Conversely, rejection at this level could trigger consolidation or a pullback to $1.00–$0.95 support. Maintaining higher lows would preserve the overall bullish bias despite any short-term retracements.
Worldcoin (WLD) continues to show signs of strong momentum and may reach new levels in the near term if buyers break through the current resistance.