Worldcoin Faces Bearish Wave C Threats

Worldcoin (WLD) continues to trade under pressure, currently hovering around $0.31 after a recent decline.

The token's technical signals indicate a fragile market structure, with the immediate focus on the $0.29-$0.30 support zone.

If sellers retain control and break through this level, Worldcoin could potentially move toward new lows.

However, momentum indicators are approaching oversold territory, suggesting room for a relief rebound if buyers defend support.