Worldcoin Bounces from Support, Eyes $0.38 Resistance

Worldcoin's price has rebounded from its recent support levels at $0.30, according to technical analysis by Bitget.

The potential morning star pattern on the weekly chart suggests a possible trend reversal after a prolonged decline.

This formation typically indicates that selling pressure is weakening and buyers are starting to gain control.

However, traders are waiting for further confirmation before treating this pattern as a confirmed reversal.

The current rebound has reached the $0.34-$0.35 range, but it's yet to produce a decisive higher-high to indicate a confirmed trend shift.