Worldcoin (WLD) Soars 13%, Testing Decades-Long Downtrend with $1.05 Resistance

The Worldcoin (WLD) token has surged by a remarkable 13% and is now facing a long-standing descending trendline, testing a crucial resistance level at $1.05. This surge signifies a potential shift in sentiment for the crypto asset. 7-day, 25-day, and 99-day moving averages suggest a bullish crossover structure is forming, indicating that the trend might soon reverse to a more positive direction. The token’s target price is projected between $1.40-$1.50 if it manages to break above the resistance, but failure to maintain levels above $1.00 could result in renewed consolidation or even a deeper decline.