Worldcoin is under pressure as sellers push the price down, testing key support near $0.86.Worldcoin is under pressure as sellers push the price down, testing key support near $0.86.

Worldcoin Price Prediction: Open Interest Decline Signals Bearish Pressure Toward $0.86

2025/09/05 06:45
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다
Worldcoin Price Surges as Open Interest Builds with Rising Volume

The token’s recent slide reflects weakening buying interest and a cautious market mood. As open interest drops alongside the declining price, traders appear hesitant, with the balance tipping in favor of bears. The question now is whether $0.86 can hold or if the token will continue its downward march.

Persistent Selling Momentum Drives Price Lower

The Open Interest chart on the 5-minute timeframe paints a clear picture of bearish dominance. Price steadily fell from around $0.91 to near $0.868, forming a pattern of lower highs and lower lows—a hallmark of sustained selling pressure.

Brief attempts to bounce back near $0.885 quickly faded as sellers regained control, revealing a lack of sustained demand. The candlesticks reflect this struggle vividly, where every rally is met with renewed selling intensity.

Persistent Selling Momentum Drives Price Lower

Source: Open Interest

The Buy/Sell Volume indicator mirrors this sentiment, with sporadic buy volume green bars consistently overshadowed by larger sell volume red bars. Net order flow lines show sharp negative spikes during price drops, signaling aggressive liquidations and stop-loss cascades.

Although there are occasional brief surges in buying activity, these have been too fleeting to change the prevailing downtrend. This confirms that the bears currently hold the upper hand as WLD edges toward critical support.

Intraday Trading Highlights Volatility and Struggle for Control

Turning to the 24-hour TradingView data, WLD has been navigating a tough session. Starting around $0.89, it tested an intraday high near $0.91 before selling pressure forced multiple dips. The token slid as low as $0.87, only to bounce strongly late in the session.

This back-and-forth reflects a volatile tug-of-war between buyers stepping in near the $0.87–$0.88 range, which has emerged as a crucial short-term support zone, and sellers pushing for lower levels when momentum falters.

Intraday Trading Highlights Volatility and Struggle for Control

Source: BraveNewCoin

Volume remained steady through these swings, suggesting active trading but no decisive dominance. The quick rebounds from support show buyers are still present, cushioning price declines, yet the inability to sustain gains near $0.90 indicates cautious bulls.

Traders will be closely watching whether the asset can hold above this support band—if it fails, the path to further losses could accelerate, while a bounce might spark a short-term relief rally.

Technical Indicators Signal Bearish Bias Amid Signs of Possible Stabilization

On the daily chart, WLD is trading near $0.867, down 3.34%, and pressing against the lower Bollinger Band at roughly $0.835. This proximity to the band suggests oversold conditions, a potential setup for a bounce or continued bearish pressure if sellers remain aggressive.

The middle Bollinger Band at $0.934 remains well out of reach and currently acts as resistance, reflecting the distance bulls must cover to regain control.

Technical Indicators Signal Bearish Bias Amid Signs of Possible Stabilization

Source: TradingView

The Relative Strength Index (RSI) at 41.78 further supports this cautious outlook, sitting below the neutral 50 and highlighting diminished buying momentum. The RSI’s position beneath its moving average confirms that sellers currently outweigh buyers.

While oversold readings can hint at a near-term reversal, it’s clear that a recovery won’t come without renewed buying strength, ideally confirmed by a break above the $0.934 level. Until then, the risk of further downside toward $0.80 or even lower remains.

시장 기회
니어 로고
니어 가격(NEAR)
$1.3585
$1.3585$1.3585
-1.55%
USD
니어 (NEAR) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!