Worldcoin Price Analysis Powered by AI

Worldcoin at the Edge: Fading the 0.90 Shelf for a Sweep Into the High-0.87s

Step-by-step multi-technique technical analysis for WLD (Worldcoin)

Primary trend: Bearish. From the July 22 swing high (~1.398) price made a sequence of lower highs/lows into the Aug 25 trough (0.868–0.883 zone). Since then, the bounce stalled under the mid-0.96s and rolled over. Current price 0.8988 is below the 20D and 50D moving averages and within a descending channel structure.
Support/resistance map (daily): • Immediate resistance: 0.905–0.911 (intraday supply cluster and yesterday’s VWAP region), then 0.916–0.919, and heavier resistance 0.930–0.936 and 0.952–0.966. • Immediate support: 0.895–0.898 (tested multiple times today), then 0.889–0.893, 0.882–0.883 (Aug 25 close zone), and deeper 0.873–0.875. Ultimate recent swing low around 0.868–0.869.
Pattern diagnostics: The post-Aug 25 rebound looks like a classic bear-flag/weak corrective channel. Multiple tests of 0.897–0.899 form an “equal lows” shelf that often breaks after repeated probes. Lower highs intraday reinforce a continuation-bias to the downside.

20D SMA (approx): ~0.968 (average of last 20 closes). Price is ~7% below this, confirming bearish momentum.
50D SMA (approx): >1.00 (based on June–July price set), well above spot; negative slope. Price under both 20D and 50D MAs = downtrend regime.
Intraday EMAs (hourly): Price is below the 20H/50H EMAs and likely below the 200H EMA (~0.93 area), indicating intraday downtrend alignment with the daily.

Daily RSI(14) (approx): ~45. Slightly bearish, not oversold. This leaves room for further downside before “exhaustion.”
Hourly RSI: oscillating mid-30s to mid-40s during sell waves and failing to exceed 60 on bounces—weak bull impulse, supports short-the-rip approach.
MACD (daily): Likely negative and beneath signal with a shallow histogram (post-bounce rollover). No confirmed bullish cross.
Stochastics (intraday): Multiple shallow recoveries failing near midline—consistent with trend-dominated market rather than range expansion upward.

ATR(14) daily (approx): ~0.06–0.08. Expect a typical 24h absolute range of ~0.05–0.07 around the entry.
Bollinger Bands (20D, 2σ): Midline ~0.968. Estimated lower band ~0.90 ± 0.01. Price is hugging the lower band zone—often a continuation with intermittent mean-reversion pops. Given the overall bearish regime, band-rides tend to break lower after failed mid-band tests.

Down days have broadly carried larger volume (e.g., Aug 14, Aug 25), biasing OBV downward through August. This distribution favors sellers on rallies.
Today’s intraday tape: Larger activity printed during down-hours (e.g., 09:00 and 10:00 UTC hours), with supply capping 0.905–0.911. That’s a notable intraday supply shelf.

Daily: Price below the cloud; Tenkan likely under Kijun; Lagging span likely under price/cloud—full bearish stack.
4H: Price below cloud with cloud acting as dynamic resistance. No bullish twist visible at these levels.

From the Aug 24 high (~0.971) to Aug 25 low (~0.868–0.883 zone), the rebound retraced toward the 50–61.8% pocket (0.94–0.97), then failed. Current trade is below the 38.2% retrace of that bounce, reinforcing sellers’ control.
Recent micro range fibs place 0.905–0.911 in the 50–61.8% intraday retrace cluster of the morning sell-off—ideal short-reload zone.

Today’s session VWAP hovered around ~0.904–0.906 early; price is now below VWAP—sellers defending above.
Visible nodal volume: acceptance around 0.90–0.91; rejection wicks above 0.915. Liquidity resting under 0.895 is likely to be hunted; if taken, the next liquidity pool sits 0.882–0.885, then 0.873–0.875.

Sequence since the 0.9168 print: lower highs every hour, repeated retests of 0.897–0.899 base, small-bodied candles near the base—sign of building pressure. Failed attempts to reclaim 0.905–0.909 strengthen the bear case.

Base case (≈55%): Early bounce into 0.903–0.909 supply, failure, breakdown through 0.895 shelf, extension into 0.882–0.885. Probability is favored by the broader downtrend, lower-highs structure, and persistent supply at VWAP.
Bear extension (≈20%): Failed bounce, faster sweep of 0.895, momentum carry into 0.873–0.875, with tail risk probe toward 0.868 if BTC weakens or liquidity thins.
Bull surprise (≈25%): Strong reclaim of 0.911, squeeze to 0.916–0.919; if absorbed, stall below 0.93. Requires a regime shift (news/BTC rally) not currently visible on tape.

Trend filters (MAs, Ichimoku), momentum (RSI<50, negative MACD), and structure (bear-flag, equal-lows pressure) align bearish.
Volatility tools (ATR, Bollinger) allow a 2–3% slide to nearby supports within 24h without stretching typical range.
Volume/OBV and intraday VWAP behavior show supply dominance on pops into 0.905–0.911.

Conclusion and 24h directional view

Bias: Sell strength. Expect a pop into 0.903–0.909 to be sold, targeting a breakdown of 0.895 and expansion toward 0.882–0.885, with a possible extension to ~0.875 if momentum builds.

Trade construction (short)

Optimal entry: 0.903–0.905 (sell-limit into supply); aligns with intraday VWAP/supply cluster and 50–61.8% micro retrace.
Target: Primary take-profit 0.875–0.882; I will fix the take-profit at 0.875 to capitalize on a potential sweep beyond the 0.882 shelf while staying above the 0.868 tail.
Risk management (not requested but critical): A protective stop would typically sit above 0.916–0.919 (post-supply invalidation). R:R from 0.904 entry to 0.875 target ≈ 1:1.0 against a 0.915–0.919 stop is modest; scaling in 0.903–0.909 improves it. Alternatively, a tighter tactical stop just above 0.911 can be used if monitoring actively.

Predicted path (next 24h)

Likely intraday bounce to ~0.904–0.907 → fade → break 0.895 → test 0.882; risk of brief extension to ~0.875.