WLD’s Dramatic Recovery: A Tale of Liquidity and Sorrow! πŸ’ΈπŸ’”

Though the upward trend remains modest, the stabilization of open interest and the gradual improvement in technical indicators suggest the market’s tentative recalibration. 🧠

With volatility on the rise and sellers showing signs of exhaustion, the coin enters a phase of cautious optimism. πŸ€”

Behold, the Chart Reveals a Most Unfavorable Selloff, Followed by a Most Rapid Short-Covering Rally!

On the 1-hour timeframe, WLD/USDT begins the period with a relatively stable structure, trading between $0.63-$0.65 in a slow-moving range. The candles during this early phase show moderate volatility, suggesting a balance between speculative buyers and defensive sellers. πŸ“‰

The calm breaks abruptly as the chart reveals a steep breakdown, with the coin sliding from the $0.63 region into the mid-$0.55 zone. This decline represents the most intense bearish impulse in several days and appears driven by forced liquidations and aggressive market selling. The sudden wick indicates a fast liquidity sweep, clearing leveraged long positions below prior lows. πŸ’Έ

Within hours, the price rebounds sharply. A near-vertical recovery takes the coin from $0.56 back above $0.64, forming a strong V-shaped reversal pattern. Such movement typically signals short covering and opportunistic accumulation rather than organic trend reversal – but it nonetheless marks a major shift in short-term sentiment. πŸ“ˆ

Open interest reacts in parallel. Throughout the earlier range, OI floats around 81M, reflecting steady but cautious trader activity. 🧠

As the liquidity flush unfolds, OI briefly dips, highlighting both long liquidations and reduced speculative commitments. Once the short squeeze begins, OI recovers slightly to 81.10M, indicating a mix of returning longs and repositioning from short traders. πŸ§™β€β™‚οΈ

The combination of stable OI and a fast recovery suggests that the selloff exhausted immediate sellers, creating conditions for a temporary stabilisation phase. πŸ”„

WLD Up as Liquidity Remains Strong Above $120M Volume

On the other hand, BraveNewCoin lists Worldcoin at $0.64, supported by a market capitalization of $1.51 billion and a 24-hour volume of $132.40 million. The available supply stands at 2.37 billion tokens, maintaining a liquid market structure with consistent participation. πŸ’Έ

The short-term price shows $0.637 with a volume reading of $121.1, confirming active trading conditions in the wake of the volatility spike. Despite being down more than 94% from its all-time high of $11.74, the coin continues to attract strong speculative interest, supported by high exchange liquidity. πŸ“ˆ

MACD Turns Neutral as CMF Remains Slightly Negative

The daily chart shows the coin maintaining a broad downtrend that began months earlier, with price consolidating around $0.63-$0.64. The asset remains far below its mid-2024 highs, leaving long-term pressure intact despite recent stabilisation. πŸ“‰

MACD momentum shows signs of improvement. The MACD line sits at -0.042, slightly above the signal line at -0.051, while the histogram prints a small positive value at 0.009. This setup suggests weakening bearish momentum and a possible early bullish shift – though no confirmed crossover has formed yet. 🧠

Chaikin Money Flow (CMF) prints -0.05, indicating that capital flow remains mildly negative. Buyers are returning, but not with enough force to flip market control. A move toward positive CMF territory would be a key signal for sustained accumulation. πŸ’Έ

Together, MACD and CMF suggest a neutral-to-cautious posture: bearish trends are weakening, but bullish signals remain tentative. πŸ”„

Read More

2025-12-05 00:53