Worldcoin Faces Persistent Downtrend as Analysts Highlight Key Resistance at $0.90
Brave New Coin
Worldcoin (WLD) is in a strong downtrend, struggling to break the key resistance level at $0.90 amid bearish sentiment.Summary
Worldcoin (WLD) is currently entrenched in a strong downtrend across all timeframes, failing repeatedly to sustain rallies or reclaim short-term moving averages, according to analyst Unknown.Ai. The asset faces significant selling pressure, particularly around the $0.90 resistance level, with established support zones noted at $0.85 and $0.80. At the time of reporting, WLD traded around $0.88, down 2.35% in 24 hours, maintaining a market cap of $1.98 billion. While momentum indicators like the RSI show easing bearish pressure (at 39.45), a decisive close above $0.90 is required for buyers to shift the market structure toward recovery; otherwise, renewed selling toward lower supports is anticipated.
(Source：Brave New Coin)