Worldcoin (WLD) at Critical Juncture: Can Bulls Defend $0.70 Support Amid Relentless Downtrend?

Worldcoin's WLD token teeters on the edge as bears push price toward make-or-break $0.70 level.

Key support under siege

The Sam Altman-linked cryptocurrency has shed 60% from its 2025 peak, with no clear bottom in sight. Trading volumes suggest weak hands are capitulating—just as the 'smart money' starts accumulating (or so their Twitter threads claim).

Technical breakdown ahead?

Daily charts show nine consecutive red candles—a feat that would impress even Bitcoin maximalists. The RSI screams oversold at 28, but in crypto-land, 'oversold' often means 'about to get wrecked further.'

Silver lining for degenerates

If $0.70 holds, a dead-cat bounce toward $1.00 seems plausible. If not? Grab popcorn and watch the 'fundamentals are strong' crowd pivot to 'this is healthy for the ecosystem.' Either way, hedge funds will spin it as their predicted outcome.

After rallying sharply in early September, WLD has since posted a sequence of lower highs and lower lows, confirming persistent bearish structure. Attempts to reclaim momentum above the $1.00 psychological level have repeatedly failed, reinforcing caution among buyers.

Supported by Downtrend Continuation on Daily Chart

Technical observations from recent daily price action indicate that WLD is continuing to follow a downward trend channel formed throughout the past several weeks. The token has been unable to break above its descending trendline, with each attempt at recovery met by renewed supply pressure. Despite occasional short-term bounces, the price has consistently struggled to build upward momentum.

Source: Open interest

The $1.00 level remains a notable psychological and structural barrier. Until price can reclaim and close above this region, broader market participants may continue to treat rallies as temporary rather than indicative of renewed strength. For now, the asset framework reflects ongoing caution, with potential support tests likely before any meaningful reversal attempt.

Market Overview Shows Stable Structure

According to BraveNewCoin, the token is currently priced at $0.72, reflecting a 1.82% increase over the past 24 hours. The token holds a market capitalization of $1.63 billion, supported by $244 million in 24-hour trading volume.

Source: BraveNewCoin

Volume levels show moderate stability, but not enough expansion to signal renewed accumulation. The current price region continues to function as an interim consolidation zone, where buyers and sellers are testing momentum without a clear directional breakout. Maintaining price action above $0.70 is viewed as necessary to prevent a deeper MOVE into the next support cluster.

This data supports a cautiously neutral stance within the ongoing worldcoin price prediction outlook.

Technicals Show Key Moving Averages and Resistance Zones

Market analyst TradeyAI Türkiye highlighted that the coin is currently trading below significant moving averages, reinforcing sustained bearish momentum. Key support is identified at $0.69 and $0.65, while resistance zones are positioned at $0.78, $0.85, and $1.00.

Source: X

The analyst noted that a daily close above $0.85, accompanied by rising volume, WOULD be an early indicator of recovery potential. Without such confirmation, the probability of continued downside remains elevated. Conversely, a failure to hold the $0.69 support would likely trigger another leg lower, confirming extended bearish dominance.

This positioning further influences the Worldcoin Price Prediction, suggesting caution until a break above resistance aligns with volume expansion.