Worldcoin Falls 21.3% After Failing to Hold $0.58 Breakout
- —WLD broke $0.58 on Oct. 21 but fell back to $0.471, down 21.3%
- —Long liquidations hit $4.68 million on Oct. 23 vs $517,800 in shorts
- —Trading volume rose 33.6% while the price dropped 13.55% in 24 hours
- —Hourly RSI slipped below the neutral 50 level
Why it matters: Rising volume on a price decline and heavier long liquidations point to weak buyer conviction after the failed breakout.
Source: TokenPost