Worldcoin (WLD) has recently caught the attention of major crypto players, with data showing a significant uptick in whale and institutional activity. After an impressive surge of over 100% in April, the token has entered a correction phase and is now trading around $1.07. Despite this pullback, analysts remain optimistic, suggesting the coin could rally by another 25% if it holds a critical support level.

According to the latest on-chain data from analytics firm IntoTheBlock, large transactions involving WLD—those ranging between $100,000 and $1 million—have surged by 384% in just the past 24 hours. Alongside this surge in transaction size, the volume of large trades has increased by 42%, while active addresses on the network rose by 43%. These metrics typically reflect heightened interest from whales and institutions, indicating a bullish outlook for the asset.

This wave of activity strongly suggests that smart money may be accumulating WLD in anticipation of a further price rally. The sudden rise in large-scale transactions often points to increasing confidence among institutional investors, who are known to move early before retail interest kicks in. If this trend continues, retail traders may soon follow, creating additional momentum in the market.

Market sentiment also supports the bullish scenario. On Binance, the WLD/USDT Long/Short Ratio recently stood at 2.12, with nearly 68% of top traders taking long positions. This shows a strong tilt toward bullish bets, while only 32% leaned bearish. Such positioning reflects a broad market expectation of upward movement and reinforces the idea that the current dip is being viewed as a buying opportunity.

Further insights from CoinGlass show that traders have become heavily leveraged at the $1.05 support and $1.11 resistance levels. In the past 24 hours alone, around $3.63 million in long positions and $2.77 million in shorts were opened at these critical levels. This overleveraged positioning builds pressure for a breakout, as both bulls and bears vie for control.

Technical analysis confirms that WLD is approaching a decisive point. The asset is currently retesting the $1.05 support level, which served as a key breakout point earlier in April. If WLD can maintain its position above this level, analysts believe the price could jump as high as $1.35 in the near term—a 25% increase from its current price. This projection is based on historical price momentum and the coin’s ability to attract sustained buying interest during rallies.

However, the downside risks cannot be ignored. If the support at $1.05 fails to hold, WLD could fall by as much as 20%, possibly dipping to around $0.81. This scenario would likely signal a shift in sentiment from bullish to bearish and could prompt profit-taking or panic selling among retail traders.

While the direction of the next major move remains uncertain, the influx of institutional capital suggests confidence in WLD’s long-term potential. If retail investors begin to mirror the actions of whales and institutional players, the result could be a sharp, upward breakout.

At present, Worldcoin sits at a critical technical and psychological level. Market participants will be watching closely to see if the asset can hold its ground. A bounce from the current level could open the door for renewed bullish momentum, while a break below could lead to a deeper retracement.

The coming days may prove pivotal for WLD. Whether the coin moves higher or corrects further will largely depend on its ability to maintain support, continued institutional interest, and the participation of retail traders who are still on the sidelines.