Worldcoin [WLD] gained 11.29% to $0.532 over the past 24 hours, significantly outpacing the broader market's 0.76% increase. The token has climbed 23.76% over the past week as investor interest in altcoins and AI-linked tokens strengthens.
Trading activity on the Worldcoin network remained robust, with daily trading volume surpassing $500 million. Total network trading volume reached $665 million, representing a 15% increase during the day. This elevated activity has underpinned the recent price gains.
WLD cleared the $0.50 psychological price level, establishing a higher base for potential continued gains. Following this breakout, whale-accumulated orders increased, signaling strategic accumulation. The path to the imbalance zone between $0.55 and $0.60 now stands clear.
On-chain metrics show sustained buyer dominance on spot markets. The token's 90-day Spot Takers cumulative volume delta data indicates increased buyer activity over the previous six days, reflecting the recent bullish momentum across the daily chart.
The $0.55 to $0.60 range represents the next major resistance area. Market imbalance in this zone could trigger profit-taking. If buyers absorb available supply at these levels, WLD could advance toward the $0.65 resistance level. Conversely, rejection around the imbalance could push the token back toward $0.50 and test the durability of the recent breakout.
The interplay between sustained whale accumulation, elevated trading volume, and buyer dominance suggests momentum remains on the side of buyers, though the market's reaction around the imbalance zone will likely determine whether the advance can extend or sellers regain control.
