$WLD đ is struggling below $0.50⊠Is another dump comingâ
#Worldcoin bounced to $0.547, but sellers quickly pushed it back toward $0.478. AI hype alone isn't enough to sustain this rally!
đ Open Interest dropped 5.1%, Spot CVD kept declining, and funding turned negative. These signals suggest weakening demand and growing bearish pressure.
Hereâs what Iâm watching đ
đ» Bearish scenario: If WLD closes a 4H candle below $0.466, the next targets could be $0.40 and potentially $0.358.
đ Bullish scenario: Holding $0.466 could trigger another bounce. But bulls need to reclaim $0.50 first, with $0.56 acting as major resistance.
My take: WLD is showing lower highs while struggling to defend support. I wouldnât trust another sudden pump without confirmation. A breakdown could trap late buyers, while a strong reclaim of $0.50 may change the picture.
đŻ Will WLD defend $0.466, or are we heading toward $0.40?
#WLD #Worldcoin #CryptoTrading #Altcoins
#Worldcoin bounced to $0.547, but sellers quickly pushed it back toward $0.478. AI hype alone isn't enough to sustain this rally!
đ Open Interest dropped 5.1%, Spot CVD kept declining, and funding turned negative. These signals suggest weakening demand and growing bearish pressure.
Hereâs what Iâm watching đ
đ» Bearish scenario: If WLD closes a 4H candle below $0.466, the next targets could be $0.40 and potentially $0.358.
đ Bullish scenario: Holding $0.466 could trigger another bounce. But bulls need to reclaim $0.50 first, with $0.56 acting as major resistance.
My take: WLD is showing lower highs while struggling to defend support. I wouldnât trust another sudden pump without confirmation. A breakdown could trap late buyers, while a strong reclaim of $0.50 may change the picture.
đŻ Will WLD defend $0.466, or are we heading toward $0.40?
#WLD #Worldcoin #CryptoTrading #Altcoins