Worldcoin ($WLD) has regained momentum, climbing back into the $2 range, though 71% of its holders are still in a loss, reducing immediate selling pressure as many await a stronger price rebound.

After peaking at nearly $12 earlier this year, WLD experienced a sharp decline, losing 69% of its value. Despite the recent recovery, only 23% of investors are currently seeing gains.

On the social front, Worldcoin’s presence has surged, with its 7-day Moving Average Social Dominance jumping from 0.021% to 0.30%. This uptick followed a major funding announcement from OpenAI, with whom Worldcoin shares a connection through co-founder Sam Altman.

From a technical standpoint, WLD is showing bullish signals, including a "golden cross" pattern on October 6. If the current momentum holds, analysts expect WLD to test the $2.18 resistance and potentially rally to $2.47.

On the downside, key support levels are set at $1.59, $1.51, and $1.38 in the event of a market downturn.

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