- Worldcoin broke out of a bullish triangle, aiming for a $2 price target.
- Derivatives data show rising open interest and positive funding, signaling strong bullish sentiment.
- Spot flows turned positive, suggesting renewed accumulation despite recent profit-taking.
Worldcoin — WLD , has shaken off recent losses like a storm breaking through heavy clouds. After a sharp 60% correction, the token rebounded with a 10% gain, drawing traders back into the action. This climb reflects a market eager for momentum and hungry for confirmation of further upside. Analysts now watch three powerful signals that could light the path toward a $2 target. Each clue tells a story of strength, persistence, and growing conviction.
Technical Signals Flash Green
The price broke out of a bullish triangle , a classic pattern that often sparks strong rallies. This breakout paints a vivid picture of potential, with a projection that points toward $2. Key resistance sits near $1.42 and $1.63, levels that could briefly slow the climb. Yet the upward energy remains visible, like waves pushing relentlessly toward shore. The Average Directional Index dropped slightly to 28, hinting at a softer trend.
Still, that reading stays high enough to support bullish momentum . Meanwhile, the Moving Average Convergence Divergence continues to rise, edging closer to a full bullish zone. These indicators work together like instruments in a symphony, blending into a hopeful melody for traders seeking direction. Derivative data adds another layer of optimism.
Open Interest jumped to $18 million, signaling fresh capital entering long positions. A positive OI-Weighted Funding Rate confirms most new money flows toward bullish bets. The Long/Short Ratio also leans strongly in favor of buyers. These numbers resemble a chorus of confident voices, each expecting higher prices ahead.
Spot Activity Hints at Hidden Strength
Spot traders took profits, selling about $306,000 worth of WLD on September 26. At first glance, that move looked like a warning. Yet the Spot Exchange Netflow turned positive for the first time in 18 days. Such a shift often signals quiet accumulation rather than widespread selling pressure. This change carries meaning beyond simple numbers.
Think of it as a river reversing course, drawing liquidity back into the market. If fresh buyers return, that current could fuel another wave upward, blending with derivative-driven demand.The market structure remains resilient, supported by both technical patterns and investor behavior. Each element acts like a brick in a rising wall, creating a foundation for future gains.
Traders who recognize these signals may find opportunity before the crowd catches on.Worldcoin’s recent surge proves that momentum thrives even after deep corrections. Technical patterns, derivatives activity, and shifting spot flows all hint at a powerful rally. A decisive break above key resistance levels could send the token racing toward the $2 mark.
