- Worldcoin’s price slipped below $0.80, confirming a channel breakdown that positions $0.40 as the next key demand and support zone.
- Technical indicators indicate that bearish momentum is waning but MACD and ADX indicators are indicating a very strong downward trend that is still unfolding.
- The $0.75 range is a critical pivot the analysts focus on; a breakdown above this point may lead to a short-term turnaround in the range of $1.15 to 1.40.
Worldcoin ($WLD) is beginning the early stages of a breakdown following its key support levels breaking. The asset is trading beneath the lower boundary of the ascending channel, indicating a potential change in momentum towards the downside.
Price Structure Weakens Below Channel Support
According to crypto analyst Ali (@ali_charts), Worldcoin’s price has broken below the $0.80 level after multiple failed recoveries near $1.25. This price movement indicates a structural breakdown from its long-standing ascending parallel channel. The failure to reclaim mid-range resistance has placed the token under increased selling pressure.
The asset’s current trajectory points toward a deeper retracement phase. Analysts say that a confirmed daily close below $0.77 could add weight to the bearish case with a target of $0.55, and potentially into the $0.40 range. That range remains a key historical demand area, where accumulation previously began.
The price has again retested the lower channel without a strong rebound, indicating that buyers are losing momentum. If the price does not quickly get back above the $0.95-1.00 area, there is greater downside risk into the cycle lows.
Technical Indicators Show Weakening Momentum
The MACD indicator is currently showing negative momentum, however, the histogram bars continue to approach the zero line. This pattern suggests that bearish strength is fading, but not yet reversed. Traders are watching for a MACD line crossover and a positive histogram to confirm renewed buying strength.
At the same time, the ADX reading near 43 signals a strong ongoing trend dominated by the -DI line. This setup shows that bears remain in control. The +DI would need to move above the -DI before change in trend direction can be confirmed.
Market participants agree that these condition are suggesting an exhaustion phase in the larger structure.Until momentum indicators confirm a reversal, any rallies may serve as temporary recoveries rather than sustainable moves.
Possible Scenarios for Worldcoin’s Next Move
The current market setup presents three potential paths. If $WLD holds above the $0.80–$0.75 support band, a bullish reversal could begin, with the first target between $1.15 and $1.40. This would require confirmation through both volume expansion and indicator alignment.
In a neutral setup price could fluctuate between the points of $0.75 and $1.15 as the market establishes order. During this time, mean reversion trades will likely dominate while we wait for a legit breakout signal.
If selling pressure continues and $0.75 is not held, analysts will look for continued trades into $0.55 and $0.40. For now, momentum remains bearish and traders are urged to await technical signals before taking positions for recovery.a recovery.