Worldcoin's price briefly surged near $0.89 before retracing toward the $0.86 support zone, with buying activity historically seen in that area.
A falling wedge breakout pattern on the 30-minute chart suggests a potential upside target of around $0.90 for WLD/USDT, contingent on sustained buyer participation and a breakthrough past key resistance levels.
Intraday movements highlight resistance at $0.89, indicating short-term bearish sentiment, with Worldcoin facing hurdles at the 200-period moving average around $0.881.
Technical indicators show a subdued technical picture for Worldcoin, with limited immediate rebound potential as the price remains bound within a consolidation range with ongoing bearish momentum.