Worldcoin price is fluctuating between retail buying pressure and whale selling pressure

Over the past 24 hours, the price of Worldcoin (WLD) has increased by approximately 10%. However, this upward momentum is now stalling as it approaches the $0.65 level – an important resistance threshold that has repeatedly prevented the price from breaking through. This area has become a key testing point, attracting the attention of investors watching to see if WLD can break out or will be rejected again.

In the short term, the upward trend appears quite solid. Some technical indicators support the bullish momentum, but warnings still exist that this drive may not last.

Market signals warn of potential price correction for WLD

One of the initial warning signs comes from market momentum. From early November to mid-January, WLD’s price has been forming lower highs, while the RSI index has been setting higher highs.

Worldcoin RSI divergence | Source: TradingViewRSI (Relative Strength Index) is a tool measuring buying pressure in the market. When RSI rises but the price does not increase correspondingly, it reflects that buying force is being driven, but sellers still hold the advantage.

This is an example of hidden bearish divergence, indicating that the upward trend is weakening even as the price continues to climb. The last time this pattern appeared, WLD hit the $0.65 mark and then quickly corrected downward.

A similar risk may be repeating. While a sharp decline is not necessarily imminent, it’s clear that the current momentum is not strong enough to support a breakout above resistance. As the market approaches this resistance zone, investors tend to be cautious.

Retail investors remain actively buying during price corrections

Despite market signals warning of a potential slowdown, retail investors continue to be actively buying. This is reflected in the flow indicators and trading activity.

Money flow indicators continue to rise, showing that capital is still entering WLD, especially during minor corrections. Retail investors are willing to buy on dips rather than waiting for lower prices.

Additionally, the amount of WLD transferred to exchanges has decreased significantly over the past few weeks. This indicator often reflects selling pressure. When transfers decline, it suggests that most investors are not planning to sell.

Weak capital flow is a good sign | Source: SantimentThese signals explain why the price of Worldcoin remains stable despite selling pressure. Retail demand is absorbing supply, helping WLD maintain high levels even when facing resistance. Notably, most retail buying activity is concentrated during price dips.

Selling pressure from large investors creates a standoff

The current weakness stems from large investors (whales). Since December 30th, the amount of WLD held by whales has decreased from about 9.2 billion to 9.12 billion.

Source: SantimentWhales are large token holders capable of influencing market trends. When they buy, prices tend to rise; conversely, when they sell, upward momentum often weakens.

Currently, whales are not supporting a breakout above the $0.65 level. Instead, they are quietly reducing their positions as prices rise. This creates a clear contradiction: retail investors are actively buying on dips, while whales are selling into strength. As a result, WLD remains in a standoff, unable to break through the resistance zone.

WLD price structure still carries correction risks

Some experts still expect further growth for WLD. However, the current price structure is within a downtrend channel – a pattern where prices move downward within inclined boundaries.

This pattern is inherently negative unless the price can clearly break out and hold above the resistance zone. If WLD cannot surpass the $0.65 mark, the downtrend channel will continue to dominate the trend.

If the price breaks above $0.65 with strong momentum, the outlook will improve. Conversely, if it fails, the price could fall back to lower support levels such as $0.59, $0.55, or even $0.46 – where double bottoms previously formed.

Currently, WLD’s price is caught between retail buying support and whale selling pressure. Until one side gains clear dominance, the market is likely to continue fluctuating around this critical price zone.