WLD moves inside a triangle pattern with price nearing a breakout toward higher Fibonacci extension levels.
Early entry zone positions traders for a possible move toward $1.77 before advancing to $2.70.
Fibonacci mapping shows $2.20 and $2.70 as targets if WLD holds above the $1.41 breakout level.
Worldcoin’s WLD is currently trading within a tightening triangle pattern, signaling a potential breakout toward $2.70, according to recent technical analysis. The asset remains in its early entry zone, with current price levels near $1.0962, marking a +3.50% daily gain.
https://twitter.com/ali_charts/status/1955824448151413093 Triangle Consolidation Signals Impending Move
The daily chart from Binance shows WLD moving within a converging trendline structure since February 2025. This symmetrical triangle pattern has developed after months of fluctuating highs and lows, narrowing toward an apex expected in the coming weeks.
Technical traders often view triangle consolidation as a precursor to significant price expansion once resistance or support is breached. In WLD’s case, the upper boundary sits near the $1.41 Fibonacci level, while the lower trendline has steadily risen from the $0.53 area.
The chart includes Fibonacci retracement levels, with price currently moving above the 0.618 mark. Maintaining this position increases the likelihood of an upward breakout, aligning with the projection toward $2.70.
Early Entry Zone and Fibonacci Levels
Market analysts describe WLD’s current range as an early entry zone due to its proximity to structural support and a favorable risk-to-reward ratio. The consolidation phase allows accumulation without significant overextension from key support levels.
The Fibonacci mapping on the chart highlights $1.77 as the first significant target following a breakout. This level corresponds to the 1.0 Fibonacci extension and serves as a potential checkpoint before advancing toward $2.20 and $2.70, located at the 1.272 and 1.414 extensions, respectively.
Trading volume trends have remained moderate, but the gradual tightening of the pattern suggests increased participation could follow a decisive move. The dotted projection lines indicate a scenario where price retests breakout levels before accelerating toward the projected targets.
Breakout Potential and Market Outlook
The symmetrical triangle is approaching a decisive point, with September marked as a likely breakout window. This aligns with historical behavior of similar patterns where volatility compresses before a rapid expansion.
If WLD breaks above the $1.41 resistance and sustains momentum, technical projections point to a rally exceeding 140% from current levels. The path toward $2.70 could unfold in stages, with retracements along the way providing new support levels for continuation.
Conversely, a breakdown below the rising trendline would invalidate the bullish setup and shift focus toward lower Fibonacci levels. The $0.93 area, aligned with the 0.382 retracement, would be the first critical support in such a scenario.
With WLD still in its early entry stage, traders are closely monitoring price action for confirmation of the next trend phase. The question now is whether market conditions will align to fuel the anticipated breakout before the end of Q3.
