Worldcoin Price Struggles with Key Barrier Amid Selling Pressure

Profit-Taking Signals Price Pullback

With 97% of Worldcoin’s total supply in profitable territory, analysts say it’s at a key tipping point. Historically, when more than 95% of a crypto’s supply becomes profitable, selling pressure increases, and price reversals often follow. For WLD, this high profitability suggests a likely pullback as investors take profits, mirroring patterns seen in past altcoin cycles.

This high level of profitability among holders has triggered profit-taking activity, which could intensify in the short term. Additionally, data shows that over 25% of active addresses holding WLD are profitable, a threshold that frequently signals sell-offs and downward pressure.

Price Outlook: Support Levels and Possible Bounce

Worldcoin is trading at $2.21 after failing to break through the $2.48 resistance for a third time in as many months. If the current decline continues, WLD may find its next support at $2.11, which could stabilize the price. A further dip might push WLD toward lower support levels at $2.00 and $1.74, marking a deeper correction.

On the upside, a bounce from the $2.11 support could negate the bearish trend, setting up another attempt to break the $2.48 barrier. Clearing this level would be a bullish signal, potentially reviving Worldcoin’s recent upward momentum.