Markets· ★★· bearish·

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