Worldcoin is ‘squeezed tight,’ says analyst – Can WLD escape its downtrend?
Photo: AMBCrypto
Worldcoin [WLD] prices have slid 14.92% over the past week and were down 0.2% in the past 24 hours. The Open Interest was also down by 1.4%. The losses came alongside bearish wider market conditions. X denizen Deniz Karasoy used the 3-day Worldcoin price chart to highlight the long-term downtrend. The technical analyst pointed to a descending trendline resistance that stretched back to 2024 on the log chart of WLD's price action. Since March, the altcoin has made higher lows as it challenged the $0.50-$0.55 trendline resistance zone.
Source: AMBCrypto
