WLD Flips Key Resistance Into Support: Can Bulls Push Price Beyond $2?

WLD broke a descending trendline and reclaimed support near $1.60.

A 45% move is possible if WLD reclaims $2 Volume and structure support the setup.

Long-term projections suggest $1.58 as a key level to hold for this bullish thesis to remain valid.

Worldcoin broke out of a prolonged downtrend, reclaiming a key support zone and fueling bullish sentiment.Analysts are eyeing continued uptrend as volume is rising and technicals are aligning. As at press WLD is trading at $1.62 with a 56.54% price increase in the past 7 days

Technicals Signals Bullish Continuation

Worldcoin is showing signs of a trend reversal after breaking above a key descending trendline on the WLD/USDT chart.The breakout was accompanied by strong volume and followed by a clean retest of the $1.60–$1.70 zone — an area that previously acted as resistance and now appears to be holding as support.

The reclaimed zone is highlighted as a decision area, with price action flipping the structure from bearish to bullish. WLD is also trading above the 50-period simple moving average, reinforcing bullish momentum on the short-term chart.

The breakout pattern aligns with a classic breakout-retest setup. The stop-loss is defined just below the reclaimed support at $1.582, offering protection in case of a false breakout. On the upside, the initial take-profit target sits around $2.246 — a 4:1 risk-to-reward ratio, favorable for swing traders.

High-Conviction Calls as Macro Breakout Unfolds

Another analysis by Xfinancebull (via X) pointed out that WLD has broken out of a year-long descending trendline, marking a major technical shift. The move came with a strong impulse candle on the daily timeframe, further validating the breakout.

Key to this setup is the buy zone between $1.60 and $1.70 — price must hold above this to validate further upside. A failure here could hint at a false breakout.

Fundamental Catalysts & Whale Activity Cooling

Sentiment has also been supported by prominent backing from Tom Lee, Fundstrat’s CIO, who highlighted Worldcoin's unique role in identity verification in the AI era. Lee-led BitMine recently supported a $250 million raise for Eightco Holdings, partially backing WLD’s corporate treasury expansion.

With 16M+ verified users, institutional backers, and ongoing integration narratives, sentiment around Worldcoin has shifted dramatically.

Earlier in September, WLD doubled in price, but retraced after a whale wallet dumped 70M tokens. However, recent on-chain data shows the selling pressure has eased, allowing room for bulls to regain control.

Technically, WLD has pulled back to the golden ratio (around $1.50), a classic area for bullish reversal. If the token reclaims $2 and pushes past $2.20, a 45% gain could materialize in the near term.

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