Worldcoin (WLD) is at a critical inflection point, supported by an ascending triangle formation indicating a potential breakout towards $1.60.
Recent price action shows WLD testing a key resistance level between $0.95 and $1.00, with a successful breakout suggesting a move towards the target.
Short-term market volatility and cautious trading behavior are reflected in fluctuating prices and declining trading volume for WLD.
Technical indicators like the tightening Bollinger Bands and the MACD signal a potential breakout, requiring confirmation through sustained higher trading volumes above key resistance levels.