$WLD 💡 WLD's $0.80 Target: The Regulatory and Supply Showdown
Worldcoin (WLD), currently trading near $0.60, is aggressively targeting the $0.80 resistance level, which represents a decisive 33% rebound. This $0.80 price point is exceptionally critical as it previously served as a major support zone that, once broken, flipped into a heavy resistance ceiling. Reclaiming this level is essential for confirming a structural reversal from the current bearish trend.
The rally is fundamentally challenged by two strong headwinds:
Supply Pressure: Consistent, scheduled token unlocks throughout the year add continuous selling pressure to the market.
Regulatory Scrutiny: The project faces mounting global regulatory scrutiny and outright suspensions in key markets (like Thailand and Kenya) concerning its biometric data practices, suppressing long-term utility adoption.
Technically, WLD is showing signs of being oversold (RSI near 42.4) but needs high volume to break the immediate resistance near $0.67 to $0.71. A sustained, high-volume move past this intermediate ceiling is required to generate the momentum necessary to test and potentially flip the $0.80 pivot point, where significant selling pressure is anticipated.
