Worldcoin Gains 11.08% as Binance Futures Open Interest Falls

Worldcoin (WLD) reached $0.55, gaining 11.08% over the cited measurement period, while falling Binance futures open interest added uncertainty about whether the move reflected short closures rather than new long positions.

At 4 a.m. ET (08:00 UTC) on Oct. 10, Binance futures open interest was about $84.6 million, equivalent to 197,279,461 contracts, after declining 9.33% over 24 hours. A price increase alongside lower open interest can be consistent with traders closing short positions, but the figures do not establish that as the cause of the move.

WLD traded within a 24-hour range of $0.49 to $0.58. The token was above its seven-day simple moving average at $0.54, 20-day average at $0.51, 50-day average at $0.44 and 200-day average at $0.37. It also traded above its 12-day exponential moving average at $0.53 and 26-day exponential moving average at $0.50.

The eight-hour funding rate was 0.0100%. During the hour ending at 4 a.m. ET, aggressive sell volume reached 24,967,756, compared with aggressive buy volume of 18,158,721. That produced a taker buy/sell ratio of 0.7273.

Binance global accounts were 61.6% long and 38.4% short at the same snapshot. The top-trader group was 66.6% long and 33.4% short. These figures cover specific account groups and do not represent all WLD holders or U.S. investors.

Daily technical readings included a relative strength index of 57.80, a Stochastic %K of 59.49 and %D of 47.59. The moving average convergence divergence line and signal line were both 0.0290, leaving the histogram at 0.0000.

Technical reference levels included immediate resistance at $0.59 and stronger resistance at $0.63. Support was identified near $0.50, with a lower support zone around $0.44 to $0.45.

WLD is the native token of World’s human-verification network.