BOSS Wallet data source, Worldcoin real-time price trend, the latest WLD price today reaches $2.137, with an increase of 3.04%, and a trading volume of $271 million
Analysis through candlestick chart shows that it is currently in a volatile trend. It has risen significantly compared to 17:00, has recovered somewhat from 13:00, and has broken through the high of 18:00. Prices are rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market, with fewer buyers.
The price increase may be due to a lack of selling pressure, considered as 'upward movement without volume'. In this case, future prices may experience a correction or consolidation. Due to the lack of trading volume support, the price rise may be difficult to sustain, and one should be cautious about the risk of a price pullback at high levels.
Investors should pay attention to whether trading volume can keep up with price increases and whether there is new buying interest. Decreasing trading volume and rising prices. According to the Williams indicator, there is currently no overbought or oversold condition. Recently, trading volume has decreased, trading volume has dropped compared to a few hours ago, prices are rising, and trading volume is decreasing: upward momentum is weakening.
With weakening upward momentum, it is recommended to wait and see until the market direction is clear, focusing on trading volume and new buying interest.
The above content is for reference only and does not constitute investment advice.