Worldcoin (WLD) Technical Analysis – May 2025
Worldcoin (WLD) is showing signs of stabilization near the $1.00 level after a long decline from its all-time high of $11.82. Over the past 30 days, WLD has rebounded by over 36%, indicating a short-term bullish sentiment. However, it remains down 55% YTD and 37% over the last 90 days, reflecting continued long-term bearish pressure.
Key Levels to Watch:
Support: $0.80 and $0.60 – if WLD breaks below $0.80, a drop to $0.60 is likely.
Resistance: $1.20 and $2.00 – a breakout above $1.20 could trigger a rally toward $2.
Trend & Indicators:
Current price action is consolidating, forming a potential base.
Volume is low compared to past surges, suggesting weak conviction behind recent moves.
Momentum indicators (like RSI) have exited oversold territory, hinting at a possible trend reversal – but confirmation is needed.
50-day moving average is still trending down; needs to flatten or turn up for bullish confirmation.
Outlook: WLD is in a critical range. A confirmed breakout above $1.20 with strong volume could open room for gains. Conversely, a drop below $0.80 would likely invite more selling. Traders should wait for a clear signal before entering positions. Long-term holders should watch for fundamental updates and regulatory developments, which heavily influence WLD's volatility.
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