Worldcoin (WLD) Retesting Key Breakout - Will It Bounce Back?

Date: Sat, Nov 08, 2025 | 07:20 AM GMT The cryptocurrency market continues to highlight strong performance among notable altcoins, including Worldcoin (WLD). $WLD has picked up momentum with a 9 percent jump in the last 24 hours, but what stands out more is that the token is now retesting a key breakout level — a crucial moment that could determine it’s potential next move,

Source: Coinmarketcap Retesting Descending Broadening Wedge As shown in the 2-hour chart, WLD had been consolidating inside a descending broadening wedge — a classic bullish reversal pattern known for signaling exhaustion in downtrends. Yesterday, $WLD broke above the wedge’s descending resistance line near $0.818, confirming a valid breakout that pushed the token toward a local high of $0.872. The rally stalled at that point as short-term traders booked profits, causing the price to pull back toward the breakout area.

Worldcoin (WLD) 2H Chart/Coinsprobe (Source: Tradingview) Now, WLD is retesting the breakout zone around $0.814, which aligns closely with the wedge’s former resistance trendline. In many cases, this type of retest becomes a springboard for continuation if buyers defend the level successfully. What’s Next for WLD? The next few hours will play an important role in shaping WLD’s short-term direction. If bulls manage to hold the breakout region near $0.814–$0.80, renewed buying pressure could lift the price back toward the local high at $0.872. A strong reclaim above that level would reinforce the bullish continuation setup and potentially open the door to the next technical target around $1.121, reflecting roughly a 37 percent upside from current levels. However, if WLD fails to hold the breakout trendline support and falls back below $0.80, the pattern may lose momentum, pushing the token into a deeper consolidation before any new breakout attempt forms. For now, WLD’s structure remains technically constructive. The ongoing retest sits at a pivotal point that could determine whether momentum returns or the token stalls temporarily. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.