In the past 24 hours, Worldcoin (WLD) – one of the blockchain projects gaining significant attention due to support from Sam Altman (CEO of OpenAI) – has recorded a correction of about 5.5%, trading around $1.087. However, technical factors and underlying information suggest that WLD may be entering an accumulation phase before a short-term surge.
1. WLD price movement
Current price: ~$1.087
24h trading volume: ~$284 million USD
24h volatility: Decrease of ~5.5%
7-day performance: +25%
Market ranking: #56 (according to CoinMarketCap)
Despite the short-term correction, WLD's performance over the past week still outperforms the overall market.
2. Technical analysis
Important support: $1.00 – $1.05
Nearby resistance: $1.22 – $1.25
RSI (14): Oscillating around the 45 mark (neutral)
MACD: Provides a slight bearish signal as the MACD line crosses below the signal line
Commentary: In the context of no breakthrough in trend yet, the $1.00 zone plays a key support role. If the price holds this zone, a recovery signal could soon form after selling pressure weakens.
3. Short-term Futures trading strategy
Scenario 1 – Long if the price holds support
Entry zone: $1.05 – $1.08
Take profit (TP): $1.15 – $1.20
Stop loss (SL): $1.00
Suggested leverage: 3x – 5x
Activation condition: RSI approaches oversold territory or a reversal candlestick pattern appears
Scenario 2 – Short if the price breaks below $1.00
Enter the trade when: Price drops sharply below $1.00 with high volume
Target TP: $0.90 – $0.95
SL: $1.05
Suggested leverage: 3x – 5x
4. Supporting fundamental factors for the upward trend
The 'At Last' event – 01/05/2025
WLD is preparing to hold the online event 'At Last' with participation from Sam Altman and Alex Blania – where the development team will update the new direction for World ID, World App, and global scalability opportunities. This event is seen as a potential catalyst for the next increase.
Large cash flows participating
On-chain data reports that a large wallet address has accumulated 1.73 million WLD over the past week, corresponding to more than $1.7 million USD, indicating confidence from institutional or large individual investors.
5. Short-term forecast and trends
According to CoinCodex prediction models:
Target price 30/4: $1.44
Target price 2/5: $1.48
If this scenario occurs, WLD could see an increase of over 30% from the current price range in the coming days – especially if the supporting fundamentals are realized.
6. Conclusion
WLD is in an accumulation phase at a key technical support price range. With momentum from the upcoming event and positive signals from large cash flows, this coin is opening up potential trading opportunities in the short term. However, investors need to adhere to trading discipline and manage risks appropriately, especially during volatile periods.
Note: This is not investment advice. Traders should carefully consider and use appropriate capital management strategies.