Worldcoin Price is trading with limited volatility as buyers attempt to defend the $0.60 level following a period of prolonged weakness.
The asset is showing early signs of stabilization, supported by steady derivatives positioning and a modest rise in spot demand over the past 24 hours.
Open Interest Shows Stabilizing Market Conditions for WLD
The latest open interest data shows a consistent range between $83.9M and $84.1M, with no aggressive spikes on either side. This signals a market where both buyers and sellers are holding positions without initiating major directional bets. The price action reflects this equilibrium: the coin has been consolidating between $0.59 and $0.62, mirroring the narrow movement in derivatives exposure.
Source: Open Interest
Despite recent drawdowns, the stabilization in open interest suggests that leveraged markets are neither unwinding positions nor building significant new ones. This generally precedes a break in trend but does not signal whether that move will be bullish or bearish. For the moment, the coin continues to track sideways, reflecting a market waiting for external catalysts or a decisive shift in sentiment.
Data Shows Modest Recovery as WLD Reclaims $0.61
According to BraveNewCoin data, Worldcoin is currently priced at $0.61, up 0.96% in the past 24 hours. Market capitalization stands at $1.42 billion with trading volume at $109.68 M, indicating renewed participation after a quiet week.
Volume is concentrated near the mid-range of the recent trading corridor, reinforcing the idea that neither side has seized control of short-term momentum.
The coin’s consolidation in this zone overlaps with its broader downward structure over the past two months, but the steady volume profile shows continued interest from market participants. With the token holding above $0.60, the immediate focus remains on whether it can sustain this level long enough to attract follow-through demand.
Technical Indicators Keep WLD Under Pressure, Trading Near Lower Bands
At the time of writing, WLD/USDT trades at $0.602, down 1.31% for the session. The daily chart shows the token positioned near the lower Bollinger Band at $0.555, while struggling to move back toward the basis line at $0.708. The persistent rejection from the mid-band reflects an ongoing bearish structure, with the coin unable to break its sequence of lower highs.
Source: TradingView
Momentum indicators align with this broader weakness. The MACD remains below the signal line, with the histogram at -0.003, signaling limited bullish strength. As long as the token stays beneath the $0.70 area, momentum continues to favor sellers, and attempts at recovery risk fading into sideways consolidation.
For a meaningful shift, WLD needs a daily close above the Bollinger band, coupled with improving MACD momentum and a rise in volume. Until then, the chart suggests a continuation of the current narrow-range behavior, with traders closely watching the $0.60 support as the next decisive level.