Worldcoin (WLD) price has shown signs of both exhaustion and potential accumulation, and traders are now closely watching whether the next breakout will be bullish or bearish. Let’s break down the recent price action using the daily and hourly TradingView charts to understand where WLD price could be heading next. Worldcoin Price Prediction: What Does the Daily Chart Reveal About the Bigger Picture? WLD/USD Daily Chart- TradingView On the daily chart, WLD price recently faced rejection around the $1.40 to $1.50 resistance zone, which aligns with the Fibonacci 0.618 level from the recent rally. This area acted as a profit-booking level after the price surged from around $0.70 to $1.50 earlier in May. The chart is currently showing a minor pullback, with the last Heikin Ashi candle attempting a green close at $1.10, indicating buyers are slowly stepping in. Importantly, WLD price is hovering just above its 20-day Simple Moving Average (SMA) at $1.097, with the 50-day SMA at $0.915 and the 100-day SMA at $0.973, forming a bullish moving average ribbon. These averages are starting to align in a classic bullish sequence: 20 > 50 > 100. Historically, this alignment precedes a strong continuation trend. To quantify the retracement: If we take the swing low near $0.70 and the swing high near $1.50, the 38.2% retracement comes around $1.18, and the 50% retracement is around $1.10. Worldcoin price currently trades at $1.10, exactly around the 50% Fibonacci pullback zone, which is often a critical support in uptrends. If WLD price manages to close above the $1.18 level again, the next likely targets would be: $1.50 (previous high) $1.76 (Fibonacci 1.272 extension) $2.10 (Fibonacci 1.618 extension) What Does the Hourly Chart Tell Us About Short-Term Momentum? WLD/USD 1 Hr Chart- TradingView The hourly chart paints a short-term bearish picture with WLD trading under a tight compression zone below the SMA ribbon (20, 50, 100, and 200 SMA). All moving averages are trending down, and the price is struggling to reclaim the 1.20 level, which has acted as resistance since the drop from $1.30. Despite this bearish bias, the Heikin Ashi candles are showing early signs of flattening, and a potential base might be forming around the $1.10 - $1.12 support zone. Also noteworthy is the pivot point at $1.1235, which coincides with current price action. If the bulls can gain control here and push the price above the 200-SMA near $1.22, then short-term momentum could flip bullish again. A quick projection based on an average hourly range of $0.05 suggests that if $1.22 breaks, Worldcoin price could swiftly test $1.30 again within 24–36 hours. Is Worldcoin Forming a Bull Flag or a Breakdown Pattern? When comparing the daily rally structure and recent consolidation, there’s a strong case that Worldcoin price may be forming a bull flag — a continuation pattern. The steep rally followed by a slanted consolidation toward key moving averages typically precedes a breakout. However, if the support around $1.10 fails, then this flag could break downward, and the price might slide to $0.97, the 100-day SMA and the prior breakout zone. Probability-wise: Bullish breakout scenario: 60% likelihood if $1.18 is reclaimed. Bearish breakdown scenario: 40% chance if price sustains below $1.08. Worldcoin Price Prediction: How High Can WLD Go in May 2025? Let’s run a simple Fibonacci extension from the most recent low near $0.97 to the high of $1.50. Using the 1.618 extension rule: Target = (High - Low) * 1.618 + Low = (1.50 - 0.97) * 1.618 + 0.97 = 0.53 * 1.618 + 0.97 = 0.8575 + 0.97 = $1.83 If the rally resumes above $1.50, then $1.83 becomes the next Fibonacci-level target before any major pullback. What's Next for Worldcoin? Worldcoin price is currently in a neutral-to-bullish consolidation phase. As long as WLD price holds above the $1.10 mark, the bullish structure remains valid. A daily close above $1.18 will strongly increase the chances of a rally toward $1.50 and beyond. However, traders must watch the $1.08–$1.10 support closely. A break below this zone could trigger a sharp move down to $0.97. The broader momentum still favors bulls, but in the short term, patience is needed before a decisive trend resumes. If the bulls take over, $1.83 is a realistic May target.