Worldcoin Price Stuck at $0.40 Amid Taker Sell Pressure and Institutional Long Exposure

The price of Worldcoin (WLD) is stuck at $0.40, a point where institutional investors are aggressively long while retail traders are being sold into strength.

This standoff has been fueled by taker sell pressure, which has been quietly undermining the bid despite the market's technical picture remaining largely bullish.

The chart analysis shows that WLD is parked at $0.40, sitting precisely on its 7-day Simple Moving Average (SMA) while maintaining a comfortable cushion above both its SMA 50 and SMA 200, which are anchored together at $0.36.

The MACD and its signal line are essentially welded together, indicating a momentum stall rather than a bearish reversal signal.