In the dusty streets of the crypto market, Worldcoin WLD stumbled, stubbornly stuck below that elusive $0.99 markālike a mule refusing to cross the river. Traders cast sideways glances, eyes wide with a mix of hope and despair, as the tokenās feeble attempt to climb above $1.20 was met with a stone wallāand *then* some.
That little $0.99 resistance? Like a stubborn beef steer, it kept pushing WLD back, leaving a trail of lower highs and lower lows, as if the coin was playing hide and seek with the bulls. The 4-hour chart told storiesāof a market hesitating, caught in a dance of doubt, as volume wavered like a lamp flickering on a storm-wracked porch.
The traders? Theyāre watching the neckline like hawks, hoping the token will hold steady at $0.94, maybe bounce and give them something to cheer about. Or, more likely, theyāre bracing for a tumble into deeper shadows, should the price dip past that line, into the abyss of lower prices.
With WLD bobbing around $0.95ālike a cork in choppy watersāresistance at $0.90 looms like a gatekeeper, while the potential targets between $1.22 and $1.64 hang in the air, tantalizing yet distant. As volatility whips around and volume dwindles, uncertainty hangs thickālike fog over a sleepy valley, hiding whatās next.
Worldcoin Price Fails to Break Above $0.99 and Risks a Deeper Pullback
Worldcoin (WLD) is caught in a sort of tease ā reaching near $0.99 then retreating, as if itās got commitment issues. Now sitting at $0.95, down almost 3% in a day, itās like watching a boxer punch the airālots of effort, but no real punch. Buyers hesitate, sellers push, and the price remains confined within a tight leash, awaiting some sign of life.
The chart shows a patternāsharp pullbacks after brief rallies, a dance of lower highs and lows, warning of bearish winds blowing through the market. Volume? Moderate at best, like a crowd murmuring at a small-town fair, not enough to turn the tide.
All eyes are on the $0.93 to $0.94 zoneālike waiting on a signal from a tired old manāhoping it holds or gives way to something worse. The WLD retest of the $0.96 mark? Thatās the crossroads, where a bounce might lift it skywardāor flop in the dirt.
The resistance levels above are towering like mountains ā $1.221, $1.430, and $1.645 ā each a potential peak, or just a mirage for traders daring enough to dream. Unless WLD can muster a rally here, it may just slide lower, seeking refuge in the valleys of lesser values.
Resistance Near $0.90 Adds to Pressure
Another analyst, CW, points out that the $0.90 zone has become a virtual fortress of selling, with the bears lining up to block any bullish advance. After the $1.40 battle zone was lost, the pattern of lower highs whispers a story of seller strengthānot a good bedtime read for hopeful traders.
That range between $0.90 and $1.40? Itās like a crowded streetāresistance clusters blocking the way, buying interest drying up, while support tries to hold the line between $0.83 and $0.76, like loyal guards risking it all.
If those guards fallāif volume doesnāt stir and support crumblesāthe slide may turn into a landslide, dragging WLD deeper into the shadows. Until it recovers above $0.90 convincingly, the outlook remains a cloudy forecast with a chance of rain.
Short-Term Price Action Shows Weak Recovery Attempts
The latest dance? WLD oscillated wildly between $0.93 and $0.99 ā like a kid on a sugar rush, bouncing with no real direction. Every attempt at climbing was met with a stern push downhill; supply overwhelmed demand, and the coin was dragged back to the lower end, around $0.94.
Intraday traders? They saw volume spikes mostly during the falls, confirming the bearish mood. If WLD canāt close above $0.99 soon, itās likely to slip further, into the waiting arms of support levels at $0.90 and beyond.
Big if here: slip below $0.93, and the bears might have a field day, aiming for lower targets. The hopefuls need a solid close above $0.99ālike a confident nodāto turn the tide and maybe, just maybe, spark some excitement in this sleepy market.
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2025-08-03 02:40