Worldcoin price flips bullish: Can WLD clear $0.61?

Worldcoin has rebounded above $0.51 after its sharp October sell-off, with WLD trading near $0.55 as the daily chart places the next major resistance around $0.61. Summary Worldcoin price traded near $0.55, with Binance’s daily chart showing a gain of approximately 8%. Daily Bollinger Bands placed the middle line at $0.5138 and upper resistance at $0.6103. The 4-hour Supertrend turned bullish, with its latest support reading at $0.4864. CoinGlass showed overhead liquidation concentrations near $0.58–$0.60, with another band around $0.63. TradingView’s Binance WLD/USDT daily chart recorded Worldcoin at $0.5477 on Oct. 10, following a session high of $0.5761 and a low of $0.5037. The token was up 7.99% on the daily reading, although it had pulled back from its intraday peak. The rebound followed a steep decline from an early-October high above $0.60. CoinGlass’s one-week liquidation heatmap traced a fall toward $0.46 late on Oct. 8 before WLD recovered through $0.48, $0.51 and $0.53. At approximately $0.55, WLD had recovered about 19% from that low. However, TradingView’s daily and 4-hour charts still placed the token below its early-October peak, leaving the recovery short of a full reversal of the preceding decline. You might also like: Worldcoin price eyes $0.72 as rounding bottom pattern takes shape Worldcoin reclaims the $0.51 level flagged by an analyst In an Oct. 9 post, analyst Alex Marzell identified $0.51 as the price level WLD needed to reclaim and hold after losing it during the sell-off. Marzell described an hourly decline from $0.51 to $0.477, followed by a deeper move to $0.4592 before the token bounced. He placed the overnight base around $0.48 and identified $0.4592 as the lower level to watch if that base failed. “Reclaim $0.51 and hold and I think the dump gets undone. Lose $0.48 and $0.4592 is the retest.” The Oct. 10 Binance readings showed WLD trading above his $0.51 threshold. The daily Bollinger middle line, at $0.5138, also sat close to the level he identified. On TradingView’s daily chart, the rebound moved WLD back above that middle line after the recent sell-off carried it below the moving average. The price was approximately 6.6% above the line at the time of the reading. Marzell’s lower levels remained beneath the market: $0.48 was about 12% below $0.55, while $0.4592 was roughly 16.5% lower. Daily resistance sits near $0.61 as momentum slows TradingView’s daily Bollinger Bands placed the upper boundary at $0.6103 and the lower boundary at $0.4173. WLD was trading in the upper half of that range after recovering the $0.5138 middle line. Worldcoin price daily chart — Oct. 10 | Source: TradingView The upper band was approximately 11.4% above the recorded price of $0.5477.