Is Worldcoin (WLD) Gearing Up for a Bullish Reversal? Key Pattern Formation Suggest So!

robot
Abstract generation in progress

Date: Sat, Oct 04, 2025 | 01:04 PM GMT The cryptocurrency market is showing strength as the prices of both Bitcoin (BTC) and Ethereum (ETH) have surged over 11% in the past 7 days. Riding this resilience, major altcoins have made significant gains excluding Worldcoin (WLD). $WLD is still trading in red on the weekly performance, but what makes it more interesting is its technical structure, which could be gearing up for a bullish reversal in the near term.

Source: Coinmarketcap Rounding Bottom in Play? On the 4H chart, WLD appears to be shaping a rounding bottom, a classic bullish reversal pattern that often signals accumulation before a powerful upward move. The pattern began forming after WLD faced rejection near $1.38, which led to multiple highs and lows within the structure. The recent rejection from the neckline zone has now pulled the price back to $1.28 near the rounding bottom support, where a potential bounce could take place.

Worldcoin (WLD) 4H Chart/Coinsprobe (Source: Tradingview) What’s Next for WLD? If the pattern continues to play out as expected, buyers need to defend this support around $1.27. A successful reclaim of the 100 MA could position WLD for a breakout from the neckline resistance zone above $1.38. A breakout confirmation would likely trigger a bullish move toward the next potential target of $1.57. That said, traders should also keep a close watch on the rounding bottom support, as a breakdown below it may invalidate the bullish outlook. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

WLD-5.75%
BTC-0.14%
ETH-0.83%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)