Worldcoin's $11 Trillion Target in Jeopardy as Resistance Zones Loom Large

Worldcoin (WLD), a digital identity and cryptocurrency project, has been gaining attention after technical analysts highlighted three critical resistance levels that could shape the token's future direction.

After losing more than 90% of its value from its all-time high, WLD is trading near historical lows, prompting discussions about the possibility of a turning point in its prolonged bear market.

Analyst VERTIX pointed out that most investors are currently focused on the present price of WLD, often overlooking the broader trends visible on its weekly chart.

The first significant hurdle sits near $2.21, representing nearly a 495% climb from current levels. If the price manages to reclaim this area, the next notable resistance could be observed at $4.14, a level that previously acted as both support and resistance.

Traders are closely watching whether WLD can hold above its 100-day moving average, with serious selling pressure emerging between $0.65 and $0.68, a zone that previously acted as support but now forms a resistance band amid ongoing sell-offs.