Worldcoin (WLD) saw a dramatic breakout, gaining more than 37% in a single day, with trading volume surging by nearly 140%. This explosive move was backed by solid fundamentals — including a fresh $135 million investment into the Worldcoin ecosystem.
Rapid Breakout Above Key Resistance
WLD effortlessly broke through the critical $1.40 resistance and surged to new highs. In just 36 hours, the price rallied over 40%. On the daily chart, the bullish trend had already been forming, especially after breaking the psychological $1.00 mark in late April.
Still, markets don’t move in a straight line — and WLD may soon face a healthy pullback.
RSI & OBV Show Strength, But Overheating Signs Emerge
On the 4-hour chart, the RSI hit 87, indicating extreme overbought conditions. The daily RSI also reached 72 — a level that often precedes temporary slowdowns or corrections.
However, the OBV (On-Balance Volume) indicator remains firmly in an uptrend, confirming that volume supports the price action. No bearish divergence has emerged yet, keeping bullish momentum intact.
What’s Next – and When to Enter?
📈 If momentum continues, the next upside target could be $2.00, a key psychological and technical level.
📉 For traders looking to enter a long position, it’s wise to wait for a pullback — ideally to $1.40, the newly flipped support zone. A more conservative re-entry could be at $1.32, the previous local high.
Patience is key — the current surge may cool off temporarily, but the broader trend remains bullish.
Summary
🔹 WLD surged over 37% in one day
🔹 A $135 million investment boosted confidence
🔹 RSI is overbought, but volume still supports growth
🔹 Ideal long entry zones: $1.40 or $1.32
🔹 Next bullish target: $2.00
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