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📖 Day 1 · Quiz (Single Choic
Worldcoin Holds $0.967 As Traders Target $1.111 Breakout Level
Worldcoin trades at $0.967, while the $0.918 support zone continues to anchor short term momentum.
The $1.111 resistance level is marked as the breakout target if support levels remain steady.
Failure to hold $0.918 could bring weakness and expose downside targets near $0.85 and $0.75.
Worldcoin ($WLD) is trading at a critical point after consolidating near $0.967. The token sits just above the $0.918 support box, where traders closely monitor reactions that could determine whether momentum builds toward $1.111 or breaks down toward lower levels.
Consolidation Around Crucial Support
The daily chart shows $WLD moving inside a narrow range between $0.918 and $1.111. This area has acted as a base over the past weeks, with multiple bounces showing that buyers continue to defend the zone.
At present, the token trades at $0.967, positioned near the midpoint of this support box. Analysts highlight that as long as price remains above $0.918, the overall market structure maintains a bullish edge.
The support has not only halted declines but also offered stability for accumulation phases. In prior sessions, dips into this zone were met with consistent buying interest, preventing deeper corrections.
Resistance Zones and Upside Potential
Traders identify $1.111 as the next major resistance level. A clean breakout beyond this level could fuel momentum toward $1.25, which aligns with historical rejection points.
The descending trendline from earlier highs intersects around the $0.97 region, meaning that clearing this line may serve as an early breakout trigger. If buyers succeed, the path toward $1 becomes more attainable.
A push beyond $1.111 could also open the door for extended rallies, with mid-term targets around $1.40 flagged by chart watchers. Such a move would confirm that the consolidation phase has served as a launchpad.
However, momentum relies heavily on the integrity of the $0.918–$0.967 range. Without stability in this zone, upside targets risk being delayed or invalidated.
Downside Scenarios and Market Risk
If $WLD loses $0.918, the breakdown could accelerate quickly. Traders suggest that price would then revisit support levels near $0.85, and if weakness persists, deeper tests toward $0.75 may follow.
Market history shows that once $WLD loses a well-defined support box, the correction can unfold sharply. This is especially true in low-volume conditions where liquidity gaps amplify downside moves.
The risk-to-reward balance hinges on the ability of bulls to hold the green box area. Without this foundation, the token could enter a prolonged retracement phase, mirroring earlier pullbacks seen in previous quarters.
Still, the current technical setup suggests that buyers remain active at critical levels. A repeated defense of the $0.918 zone strengthens the case for another attempt to retake $1.111.