Worldcoin (WLD) has surged over 30% in the past week, joining the wave of momentum sweeping across the AI-powered crypto sector. With renewed interest driven by global macro events and increasing on-chain accumulation, the altcoin now faces a critical test: can it reclaim the psychological $1 level and ignite a wave of FOMO-driven buying?

WLD, backed by the team behind OpenAI’s ChatGPT, has been riding the AI narrative strongly. Over the past week, its market capitalization has grown by approximately $200 million, currently standing close to $945 million. This influx of capital places the token squarely on the radar of both retail and institutional investors. The coin’s recent rally, fueled in part by favorable global trade developments, reflects a broader bullish sentiment across AI-focused digital assets.

One major catalyst was the U.S. government’s decision to pause tariffs on key Chinese tech imports, including semiconductors. This policy shift immediately boosted sentiment around AI-related assets, with Worldcoin benefiting as part of the broader Artificial Superintelligence Alliance. The impact was clearly visible in exchange activity. On April 11, outflows of WLD tokens from centralized exchanges hit a four-day high, with 2.78 million coins being withdrawn—a signal that large holders are moving assets into cold storage, a common behavior ahead of longer-term price appreciation.

From a technical standpoint, momentum indicators are beginning to align in favor of continued gains. The Relative Strength Index (RSI) remains in neutral territory but is trending upward, suggesting growing buying interest without overextension. Additionally, the Moving Average Convergence Divergence (MACD) indicator is close to flipping bullish, another classic signal that upward momentum may continue.

More significantly, recent short liquidations support the case for an emerging uptrend. On April 12 alone, over 206,000 short positions were wiped out, showing that bearish traders were caught off-guard by the sudden price rebound. This type of forced buying often serves as fuel for more aggressive upward moves, especially when paired with rising spot demand and bullish macro indicators.

Still, the most important structural test lies just ahead. The $1 price level represents not just a psychological barrier but also a crucial technical and behavioral trigger. Historically, WLD’s movement into “FOMO territory”—as identified by the Net Unrealized Profit/Loss (NUPL) metric—has coincided with clean breakouts above this key threshold. A decisive move past $1 could transform the current rally from a speculative rebound into a full-scale bull run.

At present, the NUPL remains in the red, suggesting that the broader market is still in a capitulation phase. However, recent action shows signs of a shift toward optimism. This transition phase is often when long-term holders begin to accumulate more aggressively, and risk-on sentiment begins to return. If this trend continues and NUPL flips into the green, it could validate a longer-term bottom and open the doors for more sustainable price growth.

That said, until Worldcoin manages a confirmed breakout above $1, the threat of renewed sell-offs remains. The current range still harbors high liquidation risk for both new and existing holders, particularly if the rally loses steam or fails to breach resistance convincingly. For now, analysts consider this a higher-risk accumulation zone, suitable primarily for investors with a high risk tolerance or those scaling into long-term positions.

In conclusion, Worldcoin’s 30% price surge is more than just a reflexive bounce. Strong macro tailwinds, a surge in exchange outflows, and early signs of smart money accumulation all point to the possibility of a much larger move. But the real test lies ahead. If WLD can cleanly reclaim the $1 level, it could serve as a springboard for widespread FOMO—pulling sidelined capital back into the market and signaling a potential trend reversal for the AI crypto sector as a whole.

Until then, both traders and investors will be watching the charts and on-chain data closely, waiting for a decisive signal that WLD is ready to take the next leg up.