Worldcoin price Holds Steady as Open Interest Signals Renewed Market Participation
Summary
Worldcoin (WLD) is currently trading around $0.901, showing a modest 0.43% gain over 24 hours, as it forms higher lows, suggesting improving sentiment. Aggregated open interest is stable at approximately 109.6 million, indicating that buyers are re-establishing long positions following recent liquidations. Key resistance lies between $0.93–$0.95, while a drop below $0.88 could trigger selling. Market data shows WLD is up 2.61% to $0.90, with a market cap of $2.01 billion and $88.38 million in 24-hour volume. Technically, the daily chart shows consolidation after significant prior sell-offs, and while the Chaikin Money Flow is slightly positive (0.02), suggesting mild accumulation, the BBPower indicator remains largely negative, pointing to limited bullish conviction.
(Source:Brave New Coin)