Worldcoin Surges 10%, Breaks Above Resistance, Targets $0.40 Liquidity Cluster

Worldcoin's price surged by over 10% in the last 24 hours, breaking above the $0.34 resistance and sustaining upward momentum for the fourth consecutive day.

This move has placed Worldcoin at a critical point as buyers attempt to invalidate the bearish structure that dominated its price action since June.

The breakout above the upper boundary of the pennant consolidation pattern suggests a potential trend reversal, with a daily close above $0.34 confirming the move.

The sharp increase in trading volume, up 150% to $211 million, provides stronger confirmation for the breakout and indicates sustained buying activity.

The rising Open Interest, up 10.44% to $169.4 million, suggests fresh capital entering the market and amplifying Worldcoin's upside if buyers maintain control.

With long positions accounting for approximately 60% of total market exposure, bulls hold a modest advantage, although an excessively crowded market could increase liquidation risks.

A significant liquidity pocket exists between $0.37 and $0.40, with more than $1 million in concentrated liquidity above the current price, potentially drawing Worldcoin toward this zone if buyers sustain momentum.