The formation of a bullish flag pattern hints the buyers take a minor pullback before an aggressive up rally. Amid the current mark correction trend, the Worldcoin price witnessed an immediate reversal from the high of $11.97. Within two weeks, the WLD value tumbled 31% to currently trade at $8.25, and the market cap plunged to $1.28 Billion. As Bitcoin price is yet to show a sustainable rebound, the altcoins are at risk of further downfall. Analyzing the daily chart shows, that the Worldcoin price resonates within two parallel trendlines resembling the formation of a channel or flag. While the prevailing trend was strong and bullish this pattern provides a minor correction for buyers to recuperate strength.