Worldcoin’s Multi-Year Downtrend Persists With $0.355 in Focus

Worldcoin (WLD) extended a weekly slide as its chart showed a long-term descending resistance line and a key daily threshold at $0.355, leaving the broader setup dependent on support.

WLD fell 14.92% over the past week and 0.2% over the past 24 hours. Open interest declined 1.4%, and the losses coincided with weaker conditions across the broader crypto market.

A descending resistance trend line on the three-day chart stretches back to 2024, with resistance between $0.50 and $0.55. WLD has made higher lows since March but has not broken above that line. Technical analyst Deniz Karasoy described the price as “squeezed tight.”

The one-day swing structure was bearish, with $0.356 and $0.619 marking swing points. The broader daily structure hinged on the $0.356 anchor: a daily close below $0.355 would turn that structure bearish. Short-term structure had also weakened over the 10 days after WLD fell below $0.466.

The indicators offered mixed readings. The Average Directional Index (ADX) and negative directional indicator (-DI) were both above 20, pointing to a downtrend. The Chaikin Money Flow (CMF) was above +0.05, indicating sizable capital inflows, while the accumulation/distribution indicator was near its September highs. Volume indicators were neutral, and the demand needed for a bullish shift was absent.

On the four-hour chart, a move above $0.444 could turn the internal structure bullish. That level is separate from the $0.355 daily-close threshold and the $0.50-$0.55 long-term resistance zone.