The post Worldcoin (WLD) Holds Key Support as Buyers Eye 40% Bull Run Target appeared on BitcoinEthereumNews.com.

Worldcoin is attempting to stabilize after a sharp market correction that drove prices toward a critical support range. The token, which recently traded near $0.87, has entered a pivotal phase where buyers must defend the current zone to sustain hopes of a short-term rebound. Market sentiment remains cautious, but technical indicators hint at the potential for a recovery rally if bullish momentum strengthens in the coming sessions. WLD Price Consolidates Near Crucial Support Zone The latest price structure shows Worldcoin hovering just above a significant $0.85–$0.90 support area, a region that has repeatedly acted as a reaction zone during past downturns. This consolidation phase follows weeks of steady declines from the early October highs near $1.47, indicating that the market is testing a key turning point. Source: X Holding above this level could serve as a foundation for a 30–40% upside move, potentially targeting the $1.15 resistance band, where previous consolidation activity occurred. Such a rebound would mark the token’s first meaningful recovery attempt since late September, when bullish volume briefly returned before fading. Failure to hold the current support, however, may trigger renewed selling pressure that could drive the token toward the $0.70 zone. This would confirm a bearish continuation pattern and extend the coin’s consolidation phase before any potential recovery phase takes shape. Market Metrics Reflect Mild Upside Reversal On the other hand, Worldcoin trades at $0.88, marking a 2.32% increase in the past 24 hours. The token’s market capitalization stands at $1.95 billion, supported by a 24-hour trading volume of $192.97 million. The asset currently ranks 68th among global cryptocurrencies, with a circulating supply of 2.21 billion tokens. Source: BraveNewCoin Despite recent weakness, the modest daily gain indicates that some buyers are reentering the market, particularly as short-term traders position around the oversold region. Market data shows…

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Filed under: News - @ October 18, 2025 11:24 pm