Worldcoin (WLD) Price Retreats to $1.12 Despite 25% Weekly Surge - Technical Analysis

Quick Take

• WLD currently trading at $1.12 (-6.42% in 24h) • Worldcoin's RSI at 51.40 suggests neutral momentum after recent overbought conditions • German GDPR investigation creates headwinds despite strong July performance with 50% monthly gains

What's Driving Worldcoin Price Today?

The WLD price experienced a significant pullback today, dropping 6.42% from yesterday's $1.24 peak to current levels of $1.12. This retreat follows an impressive 25% weekly surge that pushed Worldcoin to multi-week highs earlier this week.

Recent market dynamics reveal a complex narrative for Worldcoin. Despite the German regulatory investigation into the project's biometric data collection practices under GDPR guidelines, WLD price demonstrated remarkable resilience throughout July 2025. The token's ability to gain 50% during the month, even while facing scrutiny from European regulators, highlights strong underlying demand and investor confidence in the project's long-term vision.

The current price action suggests profit-taking after the recent rally, with traders likely booking gains near the $1.24 resistance level. Binance spot market data shows substantial trading volume of $53,043,070 over the past 24 hours, indicating active participation despite the pullback.

WLD Technical Analysis: Mixed Signals Emerge

The Worldcoin technical analysis presents a nuanced picture following the recent volatility. WLD RSI currently sits at 51.40, having cooled off from overbought territory above 70 that was reached during the weekly surge. This neutral RSI reading suggests the immediate selling pressure may be subsiding, potentially setting up for consolidation.

Worldcoin's moving average structure remains constructive for the medium term. The WLD price trades above the critical 50-day SMA at $1.01, while the 7-day SMA at $1.20 now acts as immediate resistance. The 20-day SMA at $1.13 aligns closely with current price levels, serving as a key battleground for bulls and bears.

The MACD indicator shows bearish momentum with a negative histogram reading of -0.0039, confirming the recent downward pressure. However, the relatively small magnitude suggests this could be a healthy correction rather than a trend reversal.

Worldcoin's Bollinger Bands indicate the token is trading in the middle portion of its recent range, with the %B position at 0.4840. This positioning suggests neither extreme oversold nor overbought conditions, leaving room for movement in either direction.

Worldcoin Price Levels: Key Support and Resistance

Based on current Worldcoin technical analysis, several critical levels emerge for WLD/USDT traders. The immediate Worldcoin support levels begin at $1.11, which represents today's daily low and a key short-term floor. A break below this level could expose the stronger support zone around $0.86, where buyers may step in more aggressively.

On the upside, WLD resistance appears formidable at $1.24, representing yesterday's high and the recent weekly peak. A reclaim of this level would signal renewed bullish momentum and potentially target the stronger resistance at $1.40. The Bollinger Band upper boundary at $1.32 provides an intermediate target between these levels.

The daily ATR of $0.11 suggests Worldcoin maintains healthy volatility, offering opportunities for active traders while requiring appropriate risk management given the 24-hour trading range of $1.11 to $1.24.

Should You Buy WLD Now? Risk-Reward Analysis

For swing traders, the current WLD price presents a potential accumulation opportunity near the 20-day moving average support. The risk-reward profile appears favorable with stops below $1.11 and targets toward $1.24-$1.32. However, traders should remain cognizant of the ongoing German regulatory investigation, which could create additional volatility.

Day traders might find opportunities in the established $1.11-$1.24 range, though they should monitor volume closely for breakout signals. The neutral WLD RSI provides flexibility for entries in either direction, contingent on broader market sentiment and crypto sector performance.

Long-term investors may view current levels as attractive given Worldcoin's 50% July performance and strong technical structure above the 50-day SMA. However, position sizing should account for regulatory risks and the project's early-stage nature in the biometric identity verification space.

Based on Binance spot market data, the substantial trading volume suggests institutional interest remains despite recent regulatory headlines, potentially supporting price stability near current levels.

Conclusion

The WLD price correction to $1.12 represents a healthy pullback following an impressive 25% weekly surge, with Worldcoin technical analysis suggesting potential consolidation near key moving average support. While German regulatory scrutiny creates near-term uncertainty, the token's resilient July performance demonstrates strong underlying demand. Traders should monitor the $1.11 support level closely, as a hold above this area could set up for another test of $1.24 resistance within the next 24-48 hours.