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Worldcoin (WLD) surged 18.69% to $0.483 in the past 24 hours, far outpacing the broader crypto market's 2.64% gain. The move appears to be driven primarily by a technical rebound after a sharp selloff rather than any major fundamental catalyst. Key driver: WLD had fallen nearly 50% over the previous week, leaving the token deeply oversold. The current rally represents a relief bounce as buyers step in at discounted levels and short-term selling pressure eases. Unlike some recent altcoin rallies, there has been no significant Worldcoin-specific news or ecosystem development driving the move. Instead, the recovery has been supported by improving sentiment across the broader crypto market and renewed risk appetite among traders. Technically, the key level to watch is the $0.48 support area. Holding above this zone could allow WLD to extend its recovery toward $0.55. However, a drop below $0.45 would increase the likelihood of revisiting recent lows near $0.40. Overall, the outlook is cautiously constructive but remains fragile. The rally is largely technical in nature, and upcoming macro events—particularly the U.S. CPI report—could determine whether the rebound develops into a sustained recovery or fades back into the prevailing downtrend.