Worldcoin (WLD), the Sam Altman-linked cryptocurrency, has become one of today’s standout performers after soaring 25% in the past 24 hours. Trading at a two-month high of $1.26, the token’s rally has been fueled by strong technical signals, a rising long/short ratio, and renewed investor interest following the launch of its anonymized multi-party computation (APMC) initiative.
WLD Rally Gains Momentum
Since September 5, WLD has been on an upward trajectory. Futures market data shows clear bullish conviction, with the token’s long/short ratio climbing to 1.09. A reading above 1 suggests more traders are betting on further price appreciation, highlighting optimism across derivatives markets.
At the same time, WLD’s Smart Money Index (SMI), which tracks institutional and sophisticated investor activity, has climbed to a 48-day high of 0.605. This indicates that capital from experienced traders is flowing into WLD, strengthening the bullish outlook.
Key Levels to Watch: $1.14 and $1.64
Currently, WLD rests well above its support floor at $1.14. If buying pressure continues, the token could break above $1.34 resistance, potentially paving the way for a move toward $1.64.
However, profit-taking remains a key risk. If sellers regain control and WLD breaches the $1.14 support, the token could retreat sharply toward $0.57, erasing much of its recent gains.
Outlook: Can Bulls Extend the Rally?
The combination of strong derivatives positioning, rising smart money activity, and institutional inflows suggests that WLD may continue its bullish run. As long as bulls defend the $1.14 support, Worldcoin appears well-positioned for another leg higher.
With momentum on its side, traders will be closely watching whether WLD can break through resistance and establish a sustained rally into September.
