Worldcoin's $0.71 Pump Meets Its Old Nemesis at $0.66 👁️

Worldcoin [WLD] climbed 16% over the past 24 hours to $0.587 and rose about 30% over the past week, reaching a swing high of $0.7134 after breaking out of a multi-month consolidation range. The advance carried WLD through the long-standing $0.5786–$0.6200 resistance block, which had capped advances through late May and early June, and converted the $0.6331 level from resistance to support. The token's strongest level since November 2025 came on the back of the AI narrative, with the rally taking price from $0.231 toward $0.71 before momentum cooled on profit-taking.

The recovery has since pulled back toward $0.65, leaving bulls confronting the $0.6628 zone that defined Worldcoin's market structure for more than seven months. That level served as support before the November breakdown and later became the ceiling that repeatedly capped recovery attempts throughout the decline. Bulls have now pushed back into that area for the first time since the downtrend began, though the market has yet to establish a confirmed close above it. A sustained move above $0.6628 would challenge the lower-high structure that has governed price action since late 2025, while continued rejection would leave the recovery vulnerable to consolidation.

Technical indicators reflected the cooling but remained constructive. The Relative Strength Index climbed to 59.81 and moved decisively above its signal average near 38.02, while a separate reading near 68 confirmed strong momentum without signaling exhaustion. Price remained above the $0.5786–$0.6200 breakout region, leaving the broader bullish structure intact, and the pullback appeared to reflect profit realization rather than aggressive distribution. A weekly close above $0.6323 would expose the next resistance at $0.8450, with a successful breakout opening the path toward $1.00, a major historical supply zone on the weekly chart.

Derivatives data, however, continued to show underlying caution. Futures Taker CVD remained seller-dominant during the rally, indicating that aggressive sell orders still outweighed market buy orders. Worldcoin still advanced against that backdrop, lifting from the $0.2289 support zone and reclaiming $0.4438 before pushing toward $0.6323 resistance. Spot flow data reinforced the demand picture, with Netflow reaching approximately –$225,700 and extending a broader trend of negative exchange flows consistent with accumulation. Trading volume over the 24-hour window reached $666.37 million, down 17.3% from the prior session.