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Worldcoin (WLD) May Have a Pullback This Week.
Worldcoin (WLD) price is up almost 30% in the last week, but technical indicators show a possible decline.
Even though Worldcoin's price has risen in the last week, its Chaikin Money Flow (CMF) remains below zero. The indicator measures the flow of money into and out of an asset.
When the price of an asset rises while its CMF is below zero, it suggests a net outflow of money from the asset. This indicates weak buying pressure despite the price increase.
This divergence between the asset's price and its CMF is a bearish signal, suggesting that the price rally may not be supported by strong buying interest and could reverse or face a correction.