Worldcoin is attempting to regain directional momentum after a volatile week, with price action hovering near the $0.67 level and derivatives data showing a cautious rise in trader participation.

While selling pressure has not fully eased, subtle shifts in open interest and intraday demand suggest the market may be entering a short-term stabilization phase.

Open Interest Rebounds as WLD Attempts Intraday Recovery

Hourly data from Coinalyze shows Worldcoin navigating a mixed trading environment marked by early-week weakness followed by a mild recovery. WLD initially trended lower, losing momentum through a series of tight red candles and slipping toward the $0.62 region before buyers gradually stepped in. The recent bounce toward $0.703 reflects renewed activity, though the underlying trend remains fragile.

Source: Open Interest

Across derivatives markets, aggregated open interest has risen to around 86.88 million, recovering from previous lows near 86.46 million. This rebound suggests that traders are slowly re-engaging after a period of defensive positioning. However, the rise in open interest remains modest, indicating that speculative conviction is still limited and that traders are not yet aggressively building directional exposure.

The synchronized movement of price and open interest provides early signals that seller exhaustion may be developing. Market behavior throughout the week shows a slowing in downside momentum followed by a constructive push higher, but the reaction remains measured. For a meaningful shift in sentiment, the coin will need to sustain higher lows and attract stronger open interest inflows over the coming sessions.

Data Shows Price Drifting Lower, but Market Cap Remains Stable

According to BraveNewCoin, Worldcoin is trading at $0.67, down 1.04% over the past 24 hours. Despite the slight daily decline, the asset maintains a sizeable market capitalization of $1.57 billion, supported by an active circulating supply of 2.33 billion tokens. Trading volume sits at $115.9 million, reflecting continued interest even during corrective phases.

Source: BraveNewCoin

The short-term price range has oscillated between $0.62 and $0.70, showing a period of contraction after earlier volatility. The coin’s movements remain tightly clustered around the lower-middle portion of its recent range, signaling cautious demand as macro sentiment across the crypto market shifts. Still, the ability to stabilize above $0.62 is a constructive sign that buyers are defending critical levels.

TradingView Technicals Show Flattening Momentum With Potential for Gradual Turnaround

On the daily chart from TradingView, WLD is trading at $0.702, showing an intraday gain of 5.25% as buyers attempt to reclaim lost ground. The price sits below the Bollinger Band basis at $0.747, signaling that Worldcoin is still in a broader downtrend. However, the recent lift away from the lower band at $0.617 suggests that downward pressure may be easing.

Source: TradingView

The MACD remains in negative territory, with the MACD line at -0.062 and the signal line at -0.064, though the histogram has turned slightly positive at 0.002. This shift typically indicates early momentum recovery, but confirmation will require a sustained move above the mid-band and improvement in daily buying volume.

Market structure also reflects a gradual decline in volatility following sharp downside moves earlier in the month. If Worldcoin can maintain closes above $0.70 and push toward resistance at the Bollinger band, confidence may begin to build among sidelined participants. However, failure to defend the $0.62–$0.64 support zone could revive selling interest and pressure the asset toward new lows.