Worldcoin Price Plunges Below Key Support, Targeting $0.40 Level

Worldcoin’s price has broken below key support levels, signaling a bearish shift towards the $0.40 demand zone. Analysts attribute this to declining momentum and a potential breakdown from its long-standing ascending channel. The asset is trading significantly below $0.80, following multiple failed recoveries near $1.25, confirming the price’s weakening structural position. 1 key point: a confirmed daily close below $0.77 could add weight to the bearish case, with potential targets reaching as low as $0.55 and potentially into the $0.40 range. This historical demand zone remains crucial for further price action.