WLD surged 10% and broke above $0.34 after four consecutive days of gains. Trading volume jumped 150%, while Open Interest increased 10.44%, strengthening bullish momentum. Over $1 million in
Worldcoin — WLD, is gaining momentum after a sharp 10% rally pushed WLD above $0.34. Buyers have now extended gains for four consecutive days. The move places WLD near a critical technical turning point. A breakout from the current consolidation pattern could signal a broader recovery. Rising trading volume adds further strength to the bullish setup. Meanwhile, derivatives data shows traders are opening fresh positions. Attention now shifts toward the $0.40 liquidity zone as momentum strengthens.
https://twitter.com/i/status/2087027481899356381WLD had climbed more than 10% in 24 hours as of writing. The rally pushed the token above the important $0.34 resistance level. Buyers have also maintained upward momentum for four consecutive days. Such consistent gains suggest bulls have regained some control over short-term price action. The move also brings WLD closer to a potential trend reversal. WLD has faced persistent bearish pressure since June.
Sellers controlled most major rallies throughout the broader decline. However, recent price action presents a noticeable change in market structure. WLD has now broken above the upper boundary of a pennant consolidation pattern. This breakout could signal the early stages of a broader recovery. A daily candle close above $0.34 would provide stronger breakout confirmation. Buyers must also defend the level after establishing the move.
A failure to hold $0.34 could weaken the bullish structure. Such a rejection could send WLD back toward the previous consolidation range. Traders will therefore watch upcoming daily closes closely. Trading activity also provides additional support for the latest price advance. WLD’s trading volume increased by roughly 150% to $211 million. The sharp increase signals stronger participation across the market.
The next major target now sits between $0.37 and $0.40. More than $1 million in liquidity remains concentrated across this range. Such a large liquidity pocket could attract WLD toward higher levels. Price action often gravitates toward areas containing significant liquidation clusters. If buyers sustain the current momentum, WLD could test $0.37 first.
A successful break above that level would place $0.40 within closer reach. The psychological importance of $0.40 could also attract additional trading activity. Bulls may attempt to push through the level if momentum remains strong. The liquidity cluster creates another potential catalyst for the current rally.
Traders may target the zone as WLD searches for unmitigated liquidation clusters. This setup could increase volatility as price approaches higher resistance levels. Buyers will need strong volume to absorb potential selling pressure. A sustained move above $0.34 remains crucial for the bullish scenario.
