Worldcoin Rebounds 0.73% to $1.2150, Eyes $1.25 Resistance Amid Technical Bullish Signals

Worldcoin (WLD) is currently trading near $1.2150, marking an intraday gain of 0.73%. This steady recovery has helped WLD distance itself from the recent dip toward $1.15 and now challenges the midpoint of the Fibonacci retracement levels from the May rally. The rebound is supported by higher RSI and bullish MACD crossovers, suggesting renewed short-term optimism. However, the asset still faces significant resistance near the $1.2370–$1.2500 region.

The Worldcoin price action over the past few sessions shows a clean bounce from the 61.8% Fibonacci retracement zone around $1.15, with buyers stepping in aggressively after the selloff that followed the rejection at $1.46. On the daily chart, WLD has posted three green candles in a row, hinting at a potential continuation toward the 50% retracement near $1.25.

The 4-hour chart highlights the importance of the current $1.2150–$1.2310 zone, which coincides with a tight EMA cluster. A sustained move above this range would validate a break above dynamic resistance and open a path toward $1.32. Bollinger Bands on the 4-hour chart are beginning to widen again, reflecting growing Worldcoin price volatility. The price is trading slightly above the mid-band, attempting to push toward the upper envelope at $1.24. However, the 20/50/100 EMA cluster—currently ranging from $1.1738 to $1.2317—is compressing above the current price and acting as a dynamic ceiling.

Momentum indicators show mild bullish divergence. The RSI on the 30-minute chart stands at 61.65, reflecting neutral-to-bullish conditions. A move above 70 would confirm overbought territory, though the MACD histogram already shows momentum tilting in favor of buyers. MACD lines have completed a bullish crossover and are holding above the signal line, supporting the case for near-term upside continuation.

From a trendline and structure perspective, WLD recently broke out of a falling wedge on the 30-minute chart and is forming higher lows into a narrow ascending triangle. The breakout target for this pattern lies between $1.28 and $1.32, provided price closes above $1.2379 with volume confirmation. Meanwhile, the daily chart still maintains a broader descending channel from the $1.60 peak. Any upward continuation will likely test the upper trendline near $1.34. A failure to maintain above $1.21–$1.22 could drag the Worldcoin price back toward $1.13.

The Worldcoin price going up today can be attributed to multiple technical breakouts supported by improving RSI and MACD indicators. The price has successfully reclaimed support zones and is trading above short-term EMAs. Additionally, speculative interest may have increased ahead of expected ecosystem updates and upcoming network developments.

Short-term support levels for Worldcoin are at $1.1779, $1.1328, and $1.0906, while resistance levels are at $1.2317, $1.2506, and $1.3254. The key breakout level is at $1.2379. The Bollinger Band range is currently between $1.09 and $1.24.