Worldcoin tests key resistance at $1.28: Is $1.7 next for WLD?

Main Idea
Worldcoin (WLD) surged 6% to a monthly high of $1.28, testing key resistance levels, with potential to reach $1.7 if bullish momentum continues.
Key Points
1. Worldcoin's price increased by 6.04% to $1.28, with trading volume rising 92.91% to $379 million in 24 hours.
2. On-chain activity showed recovery, with active users increasing from 500 to 826 and $40 million in buy volume over 48 hours.
3. Spot Netflow turned positive for the first time in two months, indicating higher exchange inflows and reduced scarcity.
4. WLD must flip the 200EMA resistance at $1.28 to sustain upward momentum toward $1.7; failure could lead to a retracement to $1.09.
Description
Worldcoin surges 6% to hit a monthly high of $1.28 amid growing on-chain activity.
$WLD
$1.2162
-3.67%
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