- Worldcoin (WLD) forms a triangle pattern, with a breakout expected on a close above the $1.42 resistance.
- Price holds at $1.08, facing pressure below 0.618 Fibonacci, signaling tightening momentum.
- Support near $1.03–$0.95 remains vital as traders await volume confirmation of breakout or breakdown.
Worldcoin (WLD) is approaching a critical juncture as it consolidates within a symmetrical triangle, with traders watching the $1.42 resistance. A decisive move beyond this level could initiate a major upward trend as price compression nears its apex.
Technical Formation Signals Tension Near Breakout Zone
Worldcoin (WLD) has continued to compress within a triangle formation visible on the daily chart, suggesting building market pressure. The pattern, often neutral, reflects an equilibrium between buyers and sellers ahead of a strong directional move.
The asset has recorded lower highs and higher lows since February 2025, forming a clean triangle. The price is at 1.08 as of writing, which is just below the 0.618 Fib ratio price of 1.1921 which is a technic trend that many pay attention to. This range has the tendency of determining the resumption or reversal of a trend.
Daily Close Above $1.42 Could Trigger Bullish Expansion
In a tweet, @ali_charts noted that a daily close above $1.42—aligned with the 0.786 Fibonacci level—may trigger a breakout. Such a move would invalidate overhead resistance and open the path to higher Fibonacci extensions at $1.88, $2.59, and $3.08.
This projection is supported by the structure of the triangle itself, with price nearing the apex. A breakout could lead to an aggressive move as the asset enters a new price discovery phase. Traders are focusing on volume increases and candle closures to confirm breakout validity.
Downside Risks Remain as Support Zone Narrows
Support as of writing sits between $1.03 and $0.95, offering temporary footing for the ongoing range. If WLD closes below this base, the setup may reverse into a breakdown.
In this case, downside levels at $0.90 and $0.75 may come into play. These have historically acted as strong support. As of today, WLD has gained 0.87% in 24 hours, though it shows a 6.79% decline over the past week, adding further weight to the near-term uncertainty.
With September nearing, traders are closely monitoring structural pressure for clues on the next trend direction.
