WLD Hits Rock Bottom, Could a Massive 11x Rebound Be Next?

• WLD Hits Lows Worldcoin WLD drops to 1.00 signaling a crucial decision point for traders to accumulate or avoid further risk.
• Potential 11x Surge If history repeats WLD could rebound to 10.99 but strong resistance and volatility make this a high-risk bet.
• Market Uncertainty Heikin Ashi charts show persistent bearish trends yet past rebounds hint at a possible breakout near support levels.

CryptoBusy highlights a crucial moment for Worldcoin ($WLD), as the cryptocurrency touches all-time lows. The price now sits around $1.00, reflecting an 11.85% daily drop. However, historical price patterns suggest a potential 11x surge if $WLD regains its previous all-time high. Traders must decide whether to dollar-cost average (DCA) or avoid this volatile asset.

The price chart displays Heikin Ashi candles, revealing a strong initial bullish run followed by a steep decline. A prolonged bearish trend has formed, with multiple lower highs and lower lows shaping market sentiment. The price has now reached historical support levels, indicating a possible accumulation phase.

Historical Trends and Technical Analysis

The market has seen high volatility in $WLD’s price action. A past parabolic rise fueled gains before a sharp correction took over. Following that, trading volume declined, signaling a shift in momentum. Currently, a consolidation phase is evident, with potential for a rebound if buying pressure increases.

Moreover, the projected price target stands at $10.9970, reflecting a potential 1,109.84% increase from current levels. This projection stems from historical price movement patterns, which previously saw sharp recoveries after major downturns. The green projection line suggests a bullish trajectory, but this remains speculative.

Key Market Indicators and Future Prospects

Bid and ask prices currently show slight spreads, with bids at $0.9555 and asks at $0.9554. The market structure indicates strong resistance levels ahead. However, if bulls regain control, a reversal could occur, pushing $WLD toward its projected highs.

Additionally, price swings are smoothed out by the Heikin Ashi chart, which also reduces noise and makes the trend direction more obvious. The decreasing trend has continued, although there is hope because of prior strong recoveries. If demand increases near current support levels, a breakout could follow.