WLD/USDT Market Update – Last 4 Hours
Over the last four hours, the WLD/USDT pair has seen a significant drop in price. Worldcoin (WLD) is currently trading at $1.19, down from an intraday high of $1.34, marking a decline of over 10.8%. Selling pressure has dominated the market, pushing prices toward the key short-term support level at $1.18.
Technical indicators suggest that WLD may be approaching an oversold zone. The Relative Strength Index (RSI) is hovering near neutral territory, while MACD signals weak momentum. If WLD can hold the $1.18 support, a short-term rebound toward $1.25 is possible. However, a breakdown below $1.18 could lead to further downside, potentially targeting $1.10.
This consolidation and drop come amid broader market uncertainty, and traders are closely watching for signs of a reversal or continuation. Short-term players might look for a bounce opportunity, while long-term investors may prefer to wait for a confirmed trend shift.
Stay tuned for more updates as the price action unfolds.
