WLD Price Stalls at $0.45 Resistance, Momentum Runs Dry

Worldcoin (WLD) has had a 14% price surge in a single session, but its momentum is already running dry. The token closed at $0.43, still below its near-term resistance level of $0.45.

The technical indicators are mixed: WLD's moving average stack is clean, indicating a bullish trend structure on a daily basis, but the MACD histogram has flatlined to zero and RSI is neutral.

Derivatives data shows that sophisticated traders are still long on WLD, with a top traders' long/short ratio of 1.48. However, aggressive market-order sellers are outpacing buyers in the spot session, and open interest dropped by 12.5% over the 24-hour period.

As a result, there is a high probability that WLD will pull back to its support cluster at $0.39-$0.41 within the next seven days. A clean break below $0.39 would open up a fast trip back to strong support at $0.35.