Frankfurterhass

Worldcoin ($WLD /USDT) has had a wild journey, one that mirrors the emotions of anyone who’s ever held onto a rocket that ran out of fuel mid-flight. The price chart is a classic parabola—massive surge to a peak near $11.97 in early 2024, followed by a long, painful descent that has left the token trading just above $1.10 today.

But what's truly interesting now isn't the crash—it's the subtle shift that's beginning to form in the ashes. After bottoming around $0.57, #WLD seems to be trying to claw its way back. The current price of $1.136 might seem modest, but technically it marks a potential turning point. The last few weekly candles are starting to show small-bodied green closes, which suggests sellers are running out of momentum and buyers are cautiously stepping in.

Volume has picked up over the past 7 and 30 days, rising over 42% and 45% respectively. This doesn’t necessarily mean a bull run is starting, but it does imply accumulation—likely from investors looking to scoop up cheap tokens ahead of the next wave. The order book also shows a healthy bid interest, slightly outweighing the ask side. That’s a subtle but positive sign.

Still, we’re far from out of the woods. The broader trend is clearly bearish, as reflected by the steep 75% drop over the last year and the downward-sloping moving averages. To flip the script, WLD needs to break above the $1.40–$1.50 resistance zone with conviction. If it does, there’s room to run toward the $2.50 region—a previous consolidation level.

In short, WLD is no longer in freefall, but it's not soaring either. It's stabilizing. Whether that stability leads to a bounce or just more sideways chop depends heavily on broader market conditions and whether buyers can sustain this early momentum. For now, it’s a cautious recovery—like a spark trying to catch fire again in the wind.
#Write2Earn