Worldcoin Plummets 9.01%: Can Buyers Break This Dangerous Bearish Trendline?

by cnr_staff

Worldcoin (WLD) investors face mounting pressure as the cryptocurrency plunges 9.01% amid an unrelenting bearish trendline. With critical support levels at stake, will this digital asset break free from its downward spiral or succumb to further losses?

Worldcoin’s Bearish Battle: Key Price Levels to Watch

As of July 29, 2025, Worldcoin trades at $1.11, struggling beneath a descending trendline that has capped all recovery attempts. The token faces:

  • Immediate resistance at $1.23
  • Critical support at $1.09
  • Make-or-break level at $1.65 for trend reversal

Why the WLD Market Activity Tells a Conflicting Story

While trading volume surged 10.94% to $243.65 million, market capitalization dropped 8% to $2.03 billion. This paradox suggests:

Metric Change
24h Volume +10.94%
Market Cap -8%
Unlocked Cap $4.04B

Breaking the Cryptocurrency’s Bearish Pattern: What It Would Take

Worldcoin needs a decisive close above $1.65 to invalidate the current downtrend. Success could open doors to:

  • $2.20 resistance
  • $4.17 mid-term target
  • $6.55 long-term objective

The Dangerous Support Zone Holding Worldcoin Together

Buyers continue defending $0.748-$0.771, creating a make-or-break scenario:

  • Holding = Potential rebound to $1.65
  • Breaking = Accelerated selling pressure

Frequently Asked Questions

Why is Worldcoin dropping?

WLD faces persistent selling pressure beneath its descending trendline, with failed breakout attempts eroding investor confidence.

What’s Worldcoin’s critical resistance level?

The $1.65 level represents the key resistance that would signal a potential trend reversal if decisively broken.

Has trading volume increased for WLD?

Yes, 24-hour volume rose 10.94% to $243.65 million despite the price decline, indicating heightened market activity.

Where is Worldcoin’s strongest support?

The $0.748-$0.771 zone has shown consistent buying interest and remains crucial for preventing further declines.

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