Worldcoin (WLD) Holds Near $0.67 as Open Interest Rebounds and Technical Indicators Hint at Early Stabilization
The post Worldcoin (WLD) Holds Near $0.67 as Open Interest Rebounds and Technical Indicators Hint at Early Stabilization appeared on BitcoinEthereumNews.com.
Worldcoin is attempting to regain directional momentum after a volatile week, with price action hovering near the $0.67 level and derivatives data showing a cautious rise in trader participation. While selling pressure has not fully eased, subtle shifts in open interest and intraday demand suggest the market may be entering a short-term stabilization phase. Open Interest Rebounds as WLD Attempts Intraday Recovery Hourly data from Coinalyze shows Worldcoin navigating a mixed trading environment marked by early-week weakness followed by a mild recovery. WLD initially trended lower, losing momentum through a series of tight red candles and slipping toward the $0.62 region before buyers gradually stepped in. The recent bounce toward $0.703 reflects renewed activity, though the underlying trend remains fragile. Source: Open Interest Across derivatives markets, aggregated open interest has risen to around 86.88 million, recovering from previous lows near 86.46 million. This rebound suggests that traders are slowly re-engaging after a period of defensive positioning. However, the rise in open interest remains modest, indicating that speculative conviction is still limited and that traders are not yet aggressively building directional exposure. The synchronized movement of price and open interest provides early signals that seller exhaustion may be developing. Market behavior throughout the week shows a slowing in downside momentum followed by a constructive push higher, but the reaction remains measured. For a meaningful shift in sentiment, the coin will need to sustain higher lows and attract stronger open interest inflows over the coming sessions. Data Shows Price Drifting Lower, but Market Cap Remains Stable According to BraveNewCoin, Worldcoin is trading at $0.67, down 1.04% over the past 24 hours. Despite the slight daily decline, the asset maintains a sizeable market capitalization of $1.57 billion, supported by an active circulating supply of 2.33 billion tokens. Trading volume sits at $115.9 million,…
Filed under: News - @ November 21, 2025 2:23 am