#MarketTurbulence $WLD

Here's a concise analysis of Worldcoin (WLD) based on the latest data and technical indicators (as of August 16, 2025):

๐Ÿ“‰ 1. **Current Price & Trend**

- Trading at **$0.98**, down 2.2% today .

- **Bearish short-term trend**: Struggling below key resistance at **$1.02**, with critical support at **$0.9556** (24h low) and **$0.83** (next major support) .

๐Ÿ“Š 2. **Technical Indicators**

- **RSI (14)**: Neutral at **45.38**, suggesting no overbought/oversold conditions .

- **Moving Averages**: Trading below all key EMAs (50-day SMA: $1.04; 200-day SMA: $1.28), signaling sustained bearish pressure .

- **Oscillators**: Mixed signals โ€“ Awesome Oscillator hints at mild bullish divergence, but Stochastic RSI recommends "Sell" .

๐Ÿ˜จ 3. **Market Sentiment**

- **Bearish dominance**: 12 of 17 technical indicators suggest "Sell" .

- Fear & Greed Index: **56 (Greed)**, contrasting with negative price action .

โš–๏ธ 4. **Key Levels**

- **Resistance**: $1.02 (immediate), $1.08โ€“$1.16 (breakout needed for bullish reversal) .

- **Support**: $0.9556 (24h low), $0.83 (target if bearish trend continues) .

๐Ÿ’ฐ 5. **Volume & Volatility**

- 24h volume: **$128.8M** (declining 37.1%), indicating reduced trader interest .

- Volatility: **8.33%** โ€“ price swings likely near support/resistance zones .

๐Ÿ”ฎ 6. **Short-Term Forecast**

- Expected to test **$0.83** support before potential recovery to **$1.24** in 4โ€“6 weeks .

- Tomorrowโ€™s prediction: **$0.9819** (range: $0.9183โ€“$0.9614) .

๐Ÿ’Ž Conclusion

WLD faces strong bearish pressure below $1.02, with a likely test of $0.83 support. A daily close above $1.16 could invalidate the downtrend . Monitor volume spikes for reversal signals.

โš ๏ธ **Note**: Predictions vary widely (e.g., 2025 forecasts range from $0.737 to $8.89 ). Always cross-verify with real-time data.