๐ ๐ช๐๐๐๐๐ฆ ๐๐จ๐ฌ ๐ง๐๐ ๐ช๐๐ ๐๐๐ฃ โ ๐๐๐๐๐๐ฉ๐ ๐ง๐๐ ๐๐๐๐ ๐๐ฆ ๐ ๐๐๐๐๐ข๐จ๐ง?
๐ป Worldcoin (WLD) just crashed 8%, losing $120M in market cap in one day. Itโs now trading under $0.94, and panic hit retail traders hard.
But hereโs the plot twist: two whale wallets quietly withdrew 18.2M WLD ($17M) from Binance during the crash. Thatโs not retail fearโitโs whale strategy.
๐ Whatโs Really Going On?
๐ธ Whales remove tokens from exchanges when they plan to hold long-term or sell OTC (not on open markets).
๐ธ This reduces sell pressure and makes WLDโs price more sensitive to buyingโjust a small pump can trigger a big move.
๐ The Technical View
โ Support at $0.90 and $0.50 โ If WLD holds above these levels, buyers may step in again.
โ RSI is oversold, meaning the token may have dropped too fast. Could attract dip buyers.
๐ก Bollinger Bands tightening = lower volatility ahead. But price is near the lower band โ a bounce is possible.
โ MACD shows bearish momentum, so short-term pressure remains.
๐ง Zooming Out
Despite the recent dip, WLD previously broke out of a long-term falling wedge โ a bullish signal. That breakout still holds unless $0.50 fails.
If bulls regain $1.10+ soon, momentum could flip bullish again, with some targets still aiming for $1.50+.
๐ณ Bottom Line
Whales are making moves while the crowd panics. They donโt react to FUDโthey prepare for the next big wave.
If $0.50 holds, this dip might just be the calm before the breakout.
๐ Watch the wallets. Watch the bounce. The next move could be explosive.