Worldcoin – Liquidation pressure takes its toll, but can its price recover fully?

Worldcoin [WLD] has faced intense selling pressure over the last 24 to 48 hours, falling by roughly 10% to 16% after hitting a multi-week high near $0.4146. As a result, the token was hovering around the $0.30-zone at press time, reflecting a sharp shift in market sentiment.

Initially, buyers drove WLD from $0.2745 to $0.4146, while the RSI surged above 80 and confirmed strong momentum. However, conditions changed rapidly after the peak formed.

The altcoin’s price sliced through the 78.6%, 61.8%, 50%, and 38.2% Fibonacci levels with little evidence of sustained demand. This behavior suggested that distribution was replacing accumulation as sellers steadily gained control.

Meanwhile, the RSI fell to 44.99 and remained below its midline. This shift suggested that bearish momentum outweighed bullish pressure. The MACD seemed to reinforce that view too, especially as its bearish crossover continued to produce expanding red histogram bars.

More recently, WLD attempted a recovery from the $0.2745 base and rebounded towards $0.3026. And yet, the rally stalled beneath the 23.6% Fibonacci level at $0.3076, turning the overhead resistance into a key barrier.

As a result, sellers retain control for now. Unless WLD reclaims $0.3076 on a decisive close, downside pressure could persist towards $0.2745, where stronger demand may once again influence market direction.

Liquidation pressure continues to weigh down on WLD

WLD’s failure to reclaim the $0.3076-resistance level is now spilling directly into derivatives positioning. Previously, weak momentum and repeated resistance rejection highlighted fading buyer conviction. At the time of writing though, liquidation data revealed that leveraged traders were increasingly reinforcing that pressure.

In fact, over the last 24 hours, total liquidations reached $5.79 million, with longs accounting for $3.76 million.

This imbalance suggested that bullish positions have continued to unwind after WLD lost its breakout structure and slipped into a corrective phase.

The shorter timeframes reinforced that trend too. Over the last four hours, liquidations totalled $1.34 million. Shorts represented $893,000, while longs accounted for $450,000, reflecting growing uncertainty across both sides.

Meanwhile, Binance and OKX processed $378.55 million and $268.87 million in Futures volume.

According to Coinglass data, $1.06 billion in Futures volume versus $248 million in Open Interest hinted that positions were changing hands faster than traders were rebuilding exposure. This seemed to reinforce WLD’s fragile market structure.

Until that dynamic stabilizes, recovery attempts may continue to face headwinds.

Final Summary

• Worldcoin [WLD] remains vulnerable while bearish momentum and liquidation pressure reinforce the corrective structure.
• Worldcoin needs to reclaim $0.3076 to ease downside risks and restore confidence.