WLD is breaking through a key resistance level, is the next target $1?

According to AiCoin data, the daily price of WLD peaked at $0.7, with a 24-hour increase of 14.81%. It is currently quoted at 0.689 USDT. Since rebounding from its May low of $0.2260, WLD has risen more than 200% in total, making it one of the strongest assets in the recent AI sector. Technical analysis shows that the daily bullish candlestick is strongly breaking through the $0.63 - $0.66 horizontal resistance zone (the purple box in the chart). This area is the core "resistance-turned-support level," having served as a concentration of multiple highs since early January this year and subsequent rebounds. Chip distribution data indicates that major market positions are concentrated in the $0.45~$0.55 area, and the current price is clearly above the main cost area. If there is a pullback and stabilization in the $0.60~$0.65 range, it may confirm the "resistance-turned-support" pattern and further open up the upside. In the short term, the next target area of focus is around $0.80, while the $1.00 round number could become a key battleground for bulls and bears going forward. The AiCoin open data API now supports candlesticks and technical indicators, helping you track the market even faster.