BOSS Wallet data source, Worldcoin today's market news, WLD latest price: $1.937, 24-hour drop -2.52%, trading volume $239 million
By studying the candlestick chart, it is currently in a consolidation trend. Slightly up compared to 18:00, slightly down compared to 19:00, rebounding compared to 16:00, and declining compared to 11:00. Price is dropping but trading volume is increasing, which usually indicates intensified selling pressure, with sellers actively selling.
This may be due to the market's pessimistic outlook on future prices, or triggered by negative news leading to panic selling. In this case, future prices may continue to decline, as selling pressure is high and market sentiment is low.
Investors need to pay attention to whether the price will break through the key support level. If the support level is lost, it may lead to a larger decline. Price is going down, and selling pressure is increasing. The Williams indicator shows that it is currently in a state of neither overbought nor oversold.
Recently, trading volume has increased, trading volume has risen compared to the previous hours, price has decreased, and trading volume has increased: selling pressure is increasing.
The rise may be a short-term rebound; it is recommended to continue holding cautiously and pay attention to price trends and key support levels.
The above content is for reference only and does not constitute investment advice.