Worldcoin Breaks Long-Term Downtrend, Targets $0.72

Worldcoin (WLD) continued its recovery on October 2, rising roughly 10% to trade near $0.56 as buying volume increased.

The move pushed Worldcoin above a long-standing descending channel, placing the $0.72 area in focus as the next key resistance zone.

Worldcoin's weekly chart remains above its 50-period MA, while a breakout from a long-term downtrend channel signals a potentially bullish technical setup ahead of the weekly close.

The token has recovered substantially from its May 2026 low of $0.2279 but remains well below its March 2024 all-time high of $11.82.