BOSS Wallet data source, Worldcoin real-time price quote, the latest price of WLD today reached $2.215, with an increase of up to 3.02%, trading volume $400 million

By observing the candlestick chart, it is currently in a consolidation trend. Compared to 13:00, there has been a significant increase, a recovery from 07:00, and a breakthrough of the high point at 12:00. The price is rising but the trading volume is declining, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, the price increase may be difficult to sustain, and investors should be cautious of the risk of price pullback at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there are new buyers entering. Market activity is low, and momentum is weakening. The Williams indicator indicates that the current state is neither overbought nor oversold. Recently, trading volume has decreased, trading volume compared to a few hours ago has decreased, price has risen, and trading volume has fallen: upward momentum is weakening.

Upward momentum is weakening, it is advisable to remain cautious, pay attention to trading volume and new buying, and wait for market sentiment to recover.

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