Worldcoin Price Targets $1.016 as Technical Indicators Signal Breakout Potential
Worldcoin is showing signs of a potential bullish breakout, with technical analysis pointing to a rally toward the $1.016 resistance level. The cryptocurrency has formed a strong base, supported by bullish divergence in the Relative Strength Index (RSI) and increasing trading volume.
Analyst @CRYPTO_BONAZ notes key levels to watch: $0.959 as initial resistance, followed by $0.986 and the primary target of $1.016. These levels align with Fibonacci retracement zones and historical price action, creating a clear roadmap for traders.
Market momentum appears to be shifting upward as Worldcoin consolidates near support. A sustained break above $0.959 could trigger accelerated buying pressure, particularly if accompanied by rising volume. The trading channel structure remains intact, offering defined risk-reward parameters for position entries.