Worldcoin is trading at $1.26, marking a daily decline of 1.18%, with its market capitalization standing at $2.66 billion. The token now sits on a critical retest zone that several analysts highlight as a deciding factor for its short-term trajectory.
With volatility tightening, traders are preparing for either a sharp rebound or an extended slide, depending on how the asset reacts to current levels.
Retest Zone Could Spark Sharp Reversal
The most closely watched analysis comes from Bitcoin Meraklısı, who emphasized that WLD is “exactly at retest level.” According to him, a strong reaction from this point could trigger a “very sharp” upward move, keeping prior bullish targets intact.
His chart shows that the long-standing downtrend from 2024 remains influential, with resistance tested earlier this month around $2.14 before the coin pulled back.
Source: X
The crucial range now lies between $1.20 and $1.25. Holding this support would signal resilience from buyers, potentially reopening the path toward higher levels such as $1.64, $2.14, and even $3.33 if momentum strengthens. However, if the support breaks, traders warn of possible retracements toward $1.00 or even lower, reinforcing bearish dominance.
Bitcoin Meraklısı’s outlook frames this as a make-or-break moment, where the market is deciding whether bulls can sustain a recovery or if sellers will extend control into the final quarter of 2025.
Price Consolidates With Neutral Market Flows
Additional data from BraveNewCoin’s 1-day chart confirms that the coin remains subdued, trading at $1.26 with a 24-hour trading volume of $203 million. Despite the dip, the coin has managed to hold above the psychological $1.20 level, which aligns with the retest zone identified by chart analysts.
Source: BraveNewCoin
Worldcoin currently ranks 59th among all cryptocurrencies, supported by an available supply of 2.1 billion tokens. Daily movements reflect consolidation rather than trending strength, underscoring the cautious tone in the market. Traders note that without a decisive close above $1.53, a key resistance identified in multiple timeframes, the bullish case remains unconfirmed.
This neutral stance, reflected in both price action and market capitalization behavior, suggests that participants are waiting for a catalyst before taking on stronger directional positions.
Patience Is Crucial in the Current Setup
Adding another perspective, analyst Mindy urged caution, advising traders to remain patient and wait for “the best buying opportunity” rather than entering prematurely. Her comment resonates with the mixed signals currently dominating WLD charts, where technical setups indicate both the risk of a breakdown and the potential for a rebound.
Source: X
Mindy’s call for patience underscores the broader theme: while the coin may be nearing a structural turning point, confirmation has not yet arrived. Market participants seeking safer entries may prefer to wait until either a firm rebound from support or a decisive breakout above $1.53 confirms the next leg higher.
