Worldcoin (WLD) Price Eyes $2 Move After Sharp 9% Rally and Volume Spike

The token has gained over 18% since an analyst shared a bullish setup, confirming a breakout above the $1.16 resistance. Now trading above $1.33, WLD Price is attracting increased attention from traders watching for a push toward the $1.50 and $2.00 psychological levels.

Analysts note strong participation, with 24-hour trading volume reaching $929.5 million and over 118 million WLD tokens traded. The breakout structure on the 4-hour chart, combined with a rising EMA and bullish impulse candles, signals strong market confidence. WLD Price now faces key resistance near $1.36 as bulls aim higher.

Worldcoin (WLD) recorded a sharp price breakout on the 4-hour chart, gaining over 9% in the last 24 hours and reaching $1.34. The upward movement was triggered by a clean breakout above horizontal resistance near the $1.16 level.

Source: BraveNewCoin

The chart posted by @Cryptorphic1 captured the bullish setup early, showing the breakout structure with an entry zone around the resistance line. This breakout was accompanied by a steep ascending trendline and a clear continuation pattern, supporting the ongoing bullish structure.

Source:X

The trade setup included a stop-loss placed at $1.141 and a profit target of $1.508, suggesting a favorable risk-reward configuration. The exponential moving average remained below the price, confirming support throughout the rally.

With the breakout gaining strength, the price surged to $1.339, maintaining the bullish momentum. Traders viewed the successful hold above $1.16 as validation of the trend, with price action aligning closely to swing trade setups shared earlier.

Volume played a key role in confirming the price move. According to data from Binance and commentary by analyst MOON JEFF, trading activity surged as WLD moved from $1.163 to a high of $1.402 within a single candle.

Source:X

This impulse move marked a notable increase in buyer participation and was backed by a spike in 24-hour volume, reaching 118 million WLD tokens traded. The strength of the move, coupled with volume confirmation, drew attention across major platforms.

As the price tested $1.402 and briefly pulled back, it found near-term support at $1.35. This quick recovery established a higher low, preserving the bullish structure. Market participants interpreted this sequence as a possible preparation for another upward leg, should the price reclaim $1.40 with additional volume support. Continued volume near these levels may support a move toward the next psychological target at $2.

Following the sharp price increase, WLD entered a period of short-term consolidation around the $1.34 level. The move came after WorldCoin price action advanced from $1.15, peaked at $1.36, and then stabilized slightly below the intraday high.

This pattern suggested that traders were pausing after the strong rally, with bulls still defending the recent gains. The structure continued to maintain a rising trendline, with price action closely hugging support levels.

Despite the brief consolidation, daily volume held firm at $929.5 million. This consistent trading activity indicated sustained interest around the $1.30 zone. The market now watches whether buyers can reclaim $1.36 and sustain momentum. If WorldCoin price closes above this level on the daily timeframe, analysts suggest further upward movement remains possible.

Analyst MOON JEFF shared that WLD Price may be setting up for a push toward the $2 mark, contingent on maintaining support above $1.34. The ascending structure and earlier breakout setup point to a continuation of trend, especially if the price pushes past $1.402 and holds above that level.

Market sentiment remains focused on whether the bullish formation will convert into a full extension rally toward higher levels.

The bullish chart shared by Cryptorphic also presents $1.508 as a key resistance level in the immediate term. If WLD price closes above that, the path to $2 may open. Traders are expected to track volume closely and monitor for strong candle closes above $1.36 to validate the continuation.