Worldcoin (WLD) Bears Dig In: Can the $0.84 Demand Zone Hold Against Relentless Pressure?

Worldcoin (WLD) is under siege as bearish forces tighten their grip, testing the critical $0.84 demand zone. Will buyers muster a defense—or buckle under the weight of selling pressure?

Bulls vs. Bears: The $0.84 Battle Royale

The $0.84 level has become a make-or-break pivot for WLD, with bears launching wave after wave of attacks. A breakdown here could trigger a cascade of stop-losses—fueling the very downturn traders fear.

Market psychology turns fragile as liquidity hunters circle. Meanwhile, crypto's usual cheerleaders remain conspicuously quiet—perhaps too busy counting paper gains from last quarter's bull run.

Technical traders eye the charts like battlefield generals. If $0.84 falls, the next support becomes a grim guessing game. But in crypto, fortunes flip faster than a degenerate trader's mood during leverage liquidation.

Will WLD's demand zone become another casualty in crypto's endless cycle of hype and heartbreak? Only time—and a few overleveraged positions—will tell.

• Worldcoin (WLD) is trading at $0.84, continuing its downward trajectory below key resistance levels.
• The 4-hour chart shows a clear bearish setup with price below the 9 EMA and all major SMAs.
• Bulls are defending the $0.84 demand zone, but failure here could lead to a drop toward $0.80.
• A recovery above $0.91 and $0.94 is needed to shift momentum, but volume remains weak.

Worldcoin (WLD) is currently trading at $0.84, continuing its downward trend as bearish momentum strengthens across the broader crypto market. Over the past several weeks, WLD has struggled to hold key support levels and is now facing mounting pressure below multiple resistance zones.

Worldcoin Faces Strong Rejection at $0.94 Resistance

The 4-hour chart highlights a clear bearish structure, with WLD trading below the 9 EMA ($0.88) and key moving averages including the 20, 50, 100, and 200 SMAs. These moving averages have aligned in a downward slope, reinforcing the strength of the current selling pressure.

Following a sharp decline from late May highs above $1.50, WLD has consistently failed to break back above major resistance zones, most notably at $1.14, $1.02, and $0.94. Each of these levels has acted as a supply zone, rejecting bullish attempts and pushing the price lower.

Currently, WLD is testing a crucial demand zone around $0.84, where bulls are attempting to hold the line. A failure to defend this area could open the door to further downside, with the next support eyed NEAR the $0.80 psychological level.

To shift the momentum, bulls WOULD need to reclaim the 9 EMA and push above the $0.91 and $0.94 resistances. However, without a strong catalyst or volume surge, the path of least resistance remains to the downside.

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