WLD Price Consolidates Near $0.94 as Market Eyes $1.00 Breakout
Worldcoin (WLD) is holding steady at $0.94, with trading activity suggesting a potential push toward the psychologically significant $1.00 level. Recent price action has oscillated between $0.86 and $1.02, with a brief spike to the upper boundary on August 23 followed by a swift retracement—a pattern indicative of either long liquidations or speculative froth.
Open interest remains robust at approximately 201 million contracts, signaling sustained trader engagement despite short-term volatility. This resilience in positioning hints at underlying bullish sentiment, with market participants seemingly willing to weather corrections in anticipation of renewed upside.
The token's technical footing appears supported by healthy fundamentals: 24-hour trading volume approaches $175 million, while its market capitalization stands at $1.84 billion. A 5.69% daily gain underscores consistent buying pressure, with the price trajectory climbing steadily from $0.88 to $0.96 during intraday sessions.