Worldcoin Breaks Long-Term Downtrend as Rally Points to $0.72

Reduced daily token unlocks improve the supply backdrop, making a run toward the $0.72 neckline more plausible.

Overview

WLD rallied roughly 10–12% during Oct. 2–3, lifting the token into the $0.56–$0.59 range and clearing the upper boundary of a multi-month descending channel.
Technical studies show a developing rounding-bottom with a broader neckline near $0.7216, while immediate overhead resistance sits around $0.575–$0.60.
Momentum indicators strengthened as the rally unfolded, with RSI around the low-to-mid 60s, a positive MACD and ADX near the low 30s, and daily volume running above recent averages.
The project’s July 24 change that cut aggregate daily unlocks by about 43% to ~2.9 million WLD per day has reduced new unlocked supply and is cited as a material supply-side tailwind.
Key risks remain in the short term because estimated liquidation exposure clusters appear near $0.57–$0.60 and key supports sit at $0.48–$0.52, with a drop below ~$0.50 likely to weaken the breakout case.