Worldcoin (WLD) Price Hits the “Last Line of Support” – Here’s Why Traders Are Watching for a Surge

Worldcoin (WLD) Price Hits the “Last Line of Support” – Here’s Why Traders Are Watching for a Surge
фото показано с : captainaltcoin.com

2026-2-8 01:15

Worldcoin is still caught in a pretty rough market mood, and the WLD price is showing it. Over the last 24 hours, WLD slipped about 1.31% to $0.399, and it’s lagging even as Bitcoin stays only slightly weaker. 

There hasn’t been any big Worldcoin-specific headline driving this, it mostly looks like WLD moving with the broader risk-off fear that’s hanging over crypto right now. At the moment, the WLD price is basically sitting on a pressure point. If it can stay above the $0.396–$0.399 support band, a quick retest of $0.414 is still very possible. 

But if that floor gives out, the next drop could drag WLD down toward $0.389. Bitcoin holding above $69,000 also plays a big role here, since WLD has been trading more like a high-beta follower than a standalone story.

What the 3D WLD Chart Is Really Showing

Butterfly’s chart makes the bigger structure pretty easy to understand. The WLD price has been stuck inside a descending channel for months, basically a steady pattern of lower highs and lower lows. Every time WLD tries to bounce, sellers show up again before anything meaningful can change.

The most important part is where the price is sitting right now. The WLD price is pressed right against the lower boundary of the channel, which has acted as a floor during previous dips. 

Source: X/@Butterfly_chart 

You can even see that sharp reactions bounce off this level earlier in February, which is exactly why traders pay attention when price hits the edge of a channel like this.

There’s also a midline running through the channel, and WLD has spent most of its time struggling below it. That tells you the trend hasn’t flipped yet, rebounds happen, but they keep losing steam before they can regain real control.

Why This Zone Matters for the WLD Price Right Now

When the WLD price rides the bottom of a channel like this, it usually turns into a simple but high-stakes situation.

Either the floor holds, buyers step in, and you get a fast relief bounce back toward the middle of the range or the floor breaks, and the downtrend starts sliding into a much deeper leg lower, because there’s no longer any structure holding it up.

Butterfly describes this as an accumulation phase, and that’s a fair way to look at it. Buyers have defended this area more than once, and the WLD price is still refusing to completely fall apart beneath the channel base. 

That doesn’t mean the trend is suddenly bullish, it just means sellers are finally running into real support.

Read Also: ONDO Price Outlook: What Comes Next After the Brutal Market Drop

Where the WLD Price Could Go Next

If the WLD price keeps holding this base and starts showing stronger candles off the floor, the first real test is a push back toward resistance around $0.414. A clean reclaim there would open the door for a move back toward the mid-channel zone, where past rebounds have often stalled out.

On the other hand, if WLD loses the $0.396–$0.399 support region, the tone changes quickly. That’s when the market starts looking for the next downside pocket, with $0.389 becoming the immediate magnet.

Right now, it really comes down to this: the WLD price is sitting at the level that decides whether this becomes a real bounce setup, or just another brief pause before the downtrend continues.

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The post Worldcoin (WLD) Price Hits the “Last Line of Support” – Here’s Why Traders Are Watching for a Surge appeared first on CaptainAltcoin.

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