A recent highlight from Open Interest shows that Worldcoin continues to face downward pressure after a period of sharp corrections, with its short-term trend shifting from bearish to neutral.
The token pair traded near $0.87 earlier in the session before a sustained selloff pushed prices toward $0.81, marking a notable intraday drop.
Analyst Highlights Weak Rebound Attempts and Intraday Liquidity Clusters
According to Open Interest, observing the 5-minute Binance chart, WLD shows evidence of temporary recovery attempts within a clearly defined bearish framework. The Buy/Sell Volume indicator reveals alternating spikes of green and red bars signaling heightened intraday competition between buyers and sellers.
Between 10:30 and 12:00, total traded volume (yellow line) surged sharply as prices attempted a short-lived bounce, indicating that liquidity briefly entered the market at technical reaction levels.
Source: Open Interest
Following this spike, activity diminished, reflecting reduced trading momentum and market indecision. The observed stabilization near $0.85 aligns with typical post-correction phases, where buyers cautiously re-enter while sellers remain active near resistance. Analysts suggest that a decisive break above $0.865–$0.870 with rising volume would be required to confirm a stronger rebound. Conversely, renewed selling below $0.83 could accelerate downside continuation toward lower support levels.
Market Data Reflects Decline in Market Value but Stable Exchange Liquidity
Additionally, Data from BraveNewCoin shows that Worldcoin currently holds a market capitalization of $1.89 billion, ranking 68th globally among digital assets. Its 24-hour trading volume stands at $179.46 million, marking a 2.86% decline over the same period. The available circulating supply of 2.21 billion WLD continues to provide ample market liquidity despite the sustained sell pressure.
Source: BraveNewCoin
While the broader market backdrop remains uncertain, the coin’s stable liquidity across exchanges suggests that core participation has not entirely diminished. This trend indicates that buyers are still present, albeit cautiously, as they await technical confirmation before reaccumulating. The flattening volume curve over recent sessions points to short-term equilibrium, a common precursor to volatility expansion in either direction.
TradingView Indicators Confirm Persistent Bearish Pressure and Weak Momentum
At the time of writing, the WLD/USDT pair trades at $0.854, significantly lower than its $2.211 high recorded earlier this year. TradingView data shows that the Bulls and Bears Power (BBPower) indicator registers at -0.179, reinforcing ongoing bearish dominance. Meanwhile, the Chaikin Money Flow (CMF) stands at -0.04, confirming limited buying pressure and mild capital outflow from the asset.
Source: TradingView
This combination of low momentum and negative volume flow highlights that the token remains trapped within a corrective cycle, where brief upward spikes fail to sustain follow-through. Unless trading volume strengthens and momentum indicators begin to recover toward neutral territory, a lasting reversal appears unlikely in the near term.
Overall, the crypto’s current market structure reflects a consolidation phase marked by cautious buying and sustained selling pressure. While stabilization above $0.85 may offer short-term support, broader sentiment remains defensive, with price action suggesting that the coin may continue to hover in a neutral-to-bearish zone until significant momentum returns.
