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Worldcoin drops 28.7% amid profit-taking but maintains bullish outlook on key levels

Technical Signals
06 Jun 2026
AMBCrypto
View Source
Neutral
pluang ai news

Worldcoin (WLD) experienced a sharp 28.68% price drop over 36 hours due to broader crypto market weakness and profit-taking by holders. Despite the retracement, the altcoin's daily chart shows a bullish structure with key support levels holding, suggesting the uptrend may resume if prices stay above $0.376 and $0.275 on higher timeframes. Elevated medium-term holder profits pose a risk, but the current pullback is seen as a healthy market correction rather than a trend reversal. Traders should watch critical swing points to confirm if the bullish momentum continues or if a new downtrend begins.

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