Worldcoin (WLD) gained 12.35% over the past 24 hours to trade at $0.3600, with a market capitalization of $1.29 billion and 24-hour volume of $296.13 million. The token reclaimed the $0.341 Bollinger middle band, signaling improving buying pressure and a potential bullish reversal. According to crypto analyst chief of overthinking, a decisive move above $2.17 could mark a major shift, with $4.19 as the next resistance and a recovery target of $11.97 representing roughly 3,400% upside from current levels. However, failure to hold support at $0.341 may trigger selling toward $0.320.
Worldcoin (WLD) has risen 12.35% in the past 24 hours, trading at $0.3600 with a market capitalization of $1.29 billion. The token’s 24-hour trading volume reached $296.13 million, reflecting increased market activity.
The price structure shows signs of a potential bullish reversal as buying pressure improves. WLD has reclaimed the $0.341 middle band of the Bollinger Bands, a level that now serves as crucial support.
According to crypto analyst chief of overthinking, WLD is trading near $0.34, far below its previous all-time high around $12. The analyst stated that “a decisive move above $2.17 could mark an important shift, signaling renewed buyer interest and improving market sentiment.”
If the momentum holds, $4.19 becomes the next level of resistance, which may draw more speculative interest. The ultimate recovery objective is $11.97, an upside target that requires sustained market buying.
Technical indicators on the 4-hour chart, as data shows, have also improved. WLD bounced from the $0.315–$0.320 range and crossed above the Bollinger middle band at $0.341. A break above $0.377, the upper Bollinger band, would strengthen the positive setup.
The MACD histogram has turned bullish as the MACD line begins its upward move after a steep decline. This indicates bearish momentum is weakening and buyers are regaining control.
The price movement of WLD will depend on whether bulls can defend the $0.341 level and surpass $0.377 resistance. A successful breakout would help build momentum to test $2.17. If bulls fail to hold $0.341, increased selling pressure could push WLD to $0.320 and the lower Bollinger band at $0.305.
