Worldcoin's token price is currently at $0.87, a crucial level being defended by buyers amidst changing market dynamics and signs of accumulation on intraday and daily charts.
Open Interest declined as Worldcoin retraced from $0.985 following a failed breakout attempt near $1, indicating reduced speculative conviction in the short term.
The recent price trend in Worldcoin showed a positive upward movement supported by steady volume, indicating broad market participation and accumulation rather than short-term speculation.
Technical analysis suggests that Worldcoin is currently consolidating within a range of $0.85-$0.95, with resistance at $0.98 and support at $0.87 determining potential breakout or downside scenarios.