Worldcoin Price Stabilizes Near Lows as Open Interest Declines
Worldcoin's price is consolidating in a tight range near multi-year lows as open interest falls, signaling market uncertainty and reduced speculative appetite.Summary
The Worldcoin (WLD) price is currently trading in a narrow range between $0.62 and $0.64, hovering just above its November multi-year low of $0.5983, reflecting a broader downtrend throughout 2025. This stability follows a sharp correction where the price fell over 20% in a month, leading to a period of consolidation as market sentiment softens and traders recalibrate positions. Aggregated open interest has declined sharply following the earlier rally attempt, indicating forced liquidations and a risk-off behavior among derivatives traders, suggesting reduced speculative interest. Technically, WLD is trading near the lower Bollinger Band ($0.546), reinforcing the dominance of sellers, as the price struggles to break above the Bollinger median at $0.701, pointing toward continued consolidation or potential further downside without a strong volume-backed reversal signal.
(Source：Brave New Coin)