BOSS Wallet data source, Worldcoin current price trend, WLD latest price has risen to $2.331, an increase of 3.00%, trading volume $247 million

Based on the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 09:00, there has been a significant increase, and it has rebounded from 05:00, breaking through the high of 10:00. When the price rises but the trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be cautious of the risk of price retracement at high levels and pay attention to whether trading volume can keep up with the price rise, as well as whether new buying interest emerges.
In a consolidation trend, trading volume decreases while prices rise. The Williams indicator shows that the market is currently overbought. Recently, trading volume has decreased, and the volume has dropped compared to previous hours, with prices rising and trading volume declining: upward momentum is weakening.

Upward momentum is weakening, the market is overbought, it is recommended to wait and observe changes in trading volume and new buying interest.

The above content is for reference only and does not constitute investment advice.