worldcoin token (WLD), which is priced at $2.71 per unit, has seen a 33% drop in the last week, after breaking key support near $3.3.

 Support is a price level at which the supply of an asset is expected to be strong enough to prevent or hinder its further decline.

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This situation has led the asset to approach prices similar to those of its launch in July 2023, when it debuted with a value of $2.3.

If WLD managed to break above the key resistance at $3.3 (yellow line), it could signal a trend reversal and the possible start of a bullish cycle, as seen on the TradingView chart.