The cryptocurrency market continues to highlight strong performance among notable altcoins, including Worldcoin (WLD).
WLD has picked up momentum with a 9 percent jump in the last 24 hours, but what stands out more is that the token is now retesting a key breakout level — a crucial moment that could determine its potential next move.
Retesting Descending Broadening Wedge
As shown in the 2-hour chart, WLD had been consolidating inside a descending broadening wedge — a classic bullish reversal pattern known for signaling exhaustion in downtrends.
Yesterday, WLD broke above the wedge’s descending resistance line near $0.818, confirming a valid breakout that pushed the token toward a local high of $0.872. The rally stalled at that point as short-term traders booked profits, causing the price to pull back toward the breakout area.
Now, WLD is retesting the breakout zone around $0.814, which aligns closely with the wedge’s former resistance trendline. In many cases, this type of retest becomes a springboard for continuation if buyers defend the level successfully.
What’s Next for WLD?
The next few hours will play an important role in shaping WLD’s short-term direction. If bulls manage to hold the breakout region near $0.814–$0.80, renewed buying pressure could lift the price back toward the local high at $0.872.
A strong reclaim above that level would reinforce the bullish continuation setup and potentially open the door to the next technical target around $1.121, reflecting roughly a 37 percent upside from current levels.
However, if WLD fails to hold the breakout trendline support and falls back below $0.80, the pattern may lose momentum, pushing the token into a deeper consolidation before any new breakout attempt forms.
For now, WLD’s structure remains technically constructive. The ongoing retest sits at a pivotal point that could determine whether momentum returns or the token stalls temporarily.