After weeks of drifting lower and then moving sideways inside a tight range, the Worldcoin (WLD) price is now sitting at a spot where traders are beginning to wonder if a new move is coming. With the token hovering around $0.68, the question is whether this is simply another bounce, or the early signs of a much bigger wave forming.
WLD Is Holding Its Support, and Traders Are Noticing
The recent analysis from trader Lucky has brought attention back to WLD, with observations that the chart supports the idea that "WLD is eyeing on the next wave." For months, the WLD price has been contained inside a long downtrend, steadily making lower highs. However, each time it dipped into the $0.50–$0.60 demand zone, buyers stepped in and defended it. This zone has now acted as a solid base multiple times.
Every touch of this support zone has produced at least a decent bounce, indicating continued interest in accumulating WLD at these levels. The fact that the price has bounced from $0.65 back up toward $0.68 suggests that buyers are actively picking up these dips. The primary obstacle remains the $0.70 level, which must be surpassed before significant upside can begin.
A WLD Breakout Structure Is Now Taking Shape
Lucky's chart analysis highlights that WLD previously broke its long-term downtrend line, but broader market conditions were not strong enough to sustain the move. Now, the WLD price has drifted back down and is retesting that same zone from above, a common point where reversals often begin.
Zooming out, WLD is forming a wide consolidation range directly on top of major support. This pattern is typically observed before a breakout. A confirmed close above $0.75 would be the first strong indication of shifting momentum in WLD's favor. Following that, the next significant resistance level is $1.00, with a broader resistance region between $1.50–$2.00, where WLD experienced a significant correction previously. Clearing these zones would confirm a full trend reversal. Lucky's long-term projection suggests a potential move toward the $3.00–$4.00 range, which would require substantial volume, favorable market conditions, and multiple resistance breaks.
Is WLD Actually Ready for the Next Wave?
The current market conditions appear favorable for WLD. The token has broken its trendline, is holding support, and is seeing increased trader interest. While this does not guarantee a rally, it presents WLD with its first significant setup in months. The immediate future hinges on the price action around the $0.70–$0.75 zone. If the WLD price can push through this area with increased volume, the next wave could commence. Otherwise, the token may continue to trade within its current demand zone until broader market shifts occur.