Worldcoin has rebounded above $0.51 after its sharp October sell-off, with WLD trading near $0.55 as the daily chart places the next major resistance around $0.61.
Summary
- Worldcoin price traded near $0.55, with Binance’s daily chart showing a gain of approximately 8%.
- Daily Bollinger Bands placed the middle line at $0.5138 and upper resistance at $0.6103.
- The 4-hour Supertrend turned bullish, with its latest support reading at $0.4864.
- CoinGlass showed overhead liquidation concentrations near $0.58–$0.60, with another band around $0.63.
TradingView’s Binance WLD/USDT daily chart recorded Worldcoin at $0.5477 on Oct. 10, following a session high of $0.5761 and a low of $0.5037. The token was up 7.99% on the daily reading, although it had pulled back from its intraday peak.
The rebound followed a steep decline from an early-October high above $0.60. CoinGlass’s one-week liquidation heatmap traced a fall toward $0.46 late on Oct. 8 before WLD recovered through $0.48, $0.51 and $0.53.
At approximately $0.55, WLD had recovered about 19% from that low. However, TradingView’s daily and 4-hour charts still placed the token below its early-October peak, leaving the recovery short of a full reversal of the preceding decline.
Worldcoin reclaims the $0.51 level flagged by an analyst
In an Oct. 9 post, analyst Alex Marzell identified $0.51 as the price level WLD needed to reclaim and hold after losing it during the sell-off.
Marzell described an hourly decline from $0.51 to $0.477, followed by a deeper move to $0.4592 before the token bounced. He placed the overnight base around $0.48 and identified $0.4592 as the lower level to watch if that base failed.
“Reclaim $0.51 and hold and I think the dump gets undone. Lose $0.48 and $0.4592 is the retest.”
The Oct. 10 Binance readings showed WLD trading above his $0.51 threshold. The daily Bollinger middle line, at $0.5138, also sat close to the level he identified.
On TradingView’s daily chart, the rebound moved WLD back above that middle line after the recent sell-off carried it below the moving average. The price was approximately 6.6% above the line at the time of the reading.
Marzell’s lower levels remained beneath the market: $0.48 was about 12% below $0.55, while $0.4592 was roughly 16.5% lower.
Daily resistance sits near $0.61 as momentum slows
TradingView’s daily Bollinger Bands placed the upper boundary at $0.6103 and the lower boundary at $0.4173. WLD was trading in the upper half of that range after recovering the $0.5138 middle line.
The upper band was approximately 11.4% above the recorded price of $0.5477. It also overlapped with the early-October trading area where the daily chart showed WLD reaching above $0.60 before retreating.
The same chart recorded the Awesome Oscillator at a positive 0.0544. Its latest histogram bars were red and shorter than the preceding green bars, showing that the positive momentum reading had weakened during the pullback.
Price and momentum therefore showed different aspects of the recovery: WLD had regained the Bollinger middle line, while the oscillator remained below its recent peak.
The daily chart also showed that October’s advance remained below June’s much higher price spike, which reached above $0.70. A return to the October high would still leave WLD beneath that earlier peak.
The 4-hour Supertrend turns bullish near $0.49
TradingView’s 4-hour chart recorded WLD at $0.5482 and displayed a fresh green Supertrend reading at $0.4864 following the sharp rebound.
The preceding red Supertrend segment stood around $0.5346, below the latest price. The recovery had crossed that segment as WLD climbed from the recent lows toward $0.55.
The green Supertrend level was approximately 11.3% below the recorded 4-hour price. It sat close to the $0.48 base identified by Marzell, placing two separate technical references in the same lower price area.
The 4-hour Average Directional Index stood at 27.31. ADX measures trend strength rather than direction; the chart’s bullish direction signal came from the green Supertrend.
TradingView’s latest 4-hour price sequence also showed a pullback after the initial surge. WLD traded below the rebound’s highest wick, while remaining above the previous red Supertrend level.
Liquidation bands cluster below $0.60
CoinGlass’s one-week heatmap showed overhead liquidation concentrations around $0.58–$0.60, with additional bands extending toward $0.61–$0.63.
Below the latest price, the heatmap displayed bands around $0.53–$0.54 and $0.50–$0.51. The rebound had already crossed the bright concentration near $0.535 before retreating from its intraday high.
A separate analyst posting as Crypto Feras placed a higher confirmation threshold at $0.65. His stated condition was a 3-day candle close above that level, rather than a brief move through it.
The analyst listed subsequent targets of $0.90, $1.37, $2.01, $3.70 and $4.20, explicitly marking the setup as pending confirmation. At approximately $0.55, WLD remained about 18% below his initial threshold.
For U.S. users, World’s token distribution rules also remain relevant. The project’s token grant terms state that WLD grants are subject to eligibility and jurisdictional restrictions, while WLD does not confer equity or dividend rights in World. world.org
The nearest overhead levels on the Oct. 10 charts were the rebound high around $0.576, CoinGlass’s $0.58–$0.60 liquidation area and the daily Bollinger upper band at $0.6103. Below the market, the daily middle line at $0.5138 and the 4-hour Supertrend at $0.4864 marked the next technical references.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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