Worldcoin’s (WLD) price fell 14.92% over the past week and 0.2% in 24 hours, while open interest declined by 1.4%. Technical analyst Deniz Karasoy said the token is “squeezed tight” against a descending trendline dating back to 2024, despite higher lows since March. The key support is $0.356: a daily close below it would worsen the bearish structure, while a move above $0.444 could establish a short-term bullish bias. The indicators are mixed, with the Directional Movement Index showing a downtrend but the Chande Money Flow remaining above +0.05 and capital inflows appearing relatively supportive. With demand still absent, trading volume neutral, and broader market sentiment bearish, traders are waiting for confirmation before acting.
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