Will Worldcoin Bulls Continue Their Momentum Above $1.20 Resistance?

Worldcoin’s price is currently trading around $1.2150, up 0.73% after a successful rebound from recent dips towards $1.09. The current recovery has lifted WLD beyond the challenges of May’s price retracement and sits near key support levels based on Fibonacci retracement. This upward movement is fueled by increased RSI and bullish MACD crossovers, suggesting optimism for short-term gains. However, significant resistance near the $1.2370–$1.2500 mark remains a hurdle to overcome.