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Worldcoin (WLD) has extended its downward trajectory by 11%, testing critical support at $0.28 despite significant ecosystem expansions. World Network recently unveiled a major upgrade to the World ID protocol, positioning it as a full-stack solution for cryptographic proof-of-human verification in AI environments. Technical analysis indicates that WLD remains trapped within a bearish price channel, preventing a recovery despite the integration of major partners like Zoom and DocuSign. There is a notable disconnect between these core project developments and short-term market sentiment, suggesting that fundamentals are not currently driving price action. Analysts are closely monitoring the bearish channel to see if this new technical infrastructure can eventually stabilize the price. Market participants remain cautious as technical barriers continue to outweigh robust fundamental progress and the transition to World Network.
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