The Worldcoin price continues to hover near recent lows as buyers attempt to slow months of persistent selling pressure.The Worldcoin price continues to hover near recent lows as buyers attempt to slow months of persistent selling pressure.

Worldcoin Price Stabilizes Near Lows as Open Interest Declines

2025/11/27 05:20

Market behavior reflects uncertainty, with open interest falling sharply and price structure suggesting extended consolidation while traders wait for a stronger directional catalyst.

Price Trades in Tight Range as Market Sentiment Softens

The latest chart action shows the Worldcoin price moving between $0.62 and $0.64, sitting just above November’s multi-year low at $0.5983 T. This narrow range reflects the broader downtrend that has dominated the asset throughout 2025, with the coin shedding more than 20% over the month as bearish momentum deepens.

A brief recovery above $0.70 was quickly reversed by aggressive selling, sending the price back toward the $0.60 region and establishing the current floor.

Source: Open Interest

Following this sharp correction, the Worldcoin price entered a sideways phase, indicating a period of consolidation as market participants recalibrate their positions. The muted volatility observed across recent sessions underscores the lack of strong commitment from either side, suggesting that buyers remain cautious while sellers have slowed their momentum after driving the asset to fresh lows.

This stability, however, does not yet indicate recovery. Instead, the tight range highlights an interim balance in market sentiment, with both sides waiting to determine whether the coin will attempt a rebound or continue drifting lower.

Price Supported by Market Data but Trading Activity Remains Measured

BraveNewCoin market data shows the Worldcoin price at $0.64, reflecting a modest 0.47% increase over the past 24 hours. The token’s market capitalization stands at $1.50B , accompanied by $98.72M in daily trading volume. With an available supply of 2.35 billion tokens, the data reinforces the coin’s position among higher-circulation assets experiencing prolonged correction phases.

Recent price movements mirror the behavior observed on the broader chart: Worldcoin oscillates within a constrained range, lacking the surge in volume typically associated with sustained recovery attempts. Following the breakdown earlier in the month, daily candles remain relatively small, reinforcing the view that current trading activity reflects caution rather than renewed interest.

These conditions are mirrored in aggregated open interest trends. Open interest spiked during the short-term rally above $0.70, then dropped sharply during the subsequent correction. This pattern suggests forced liquidations and a shift toward risk-off behavior among derivatives traders. The current flat profile in both price and open interest signals reduced speculative appetite and aligns with the notion of consolidation rather than trend reversal.

Price Extends Downtrend as Technical Indicators Signal Weakness

At the time of writing, TradingView data shows the Worldcoin price at $0.626, extending a clear decline that has persisted since early September. WLD now trades near the lower Bollinger Band at $0.546, reflecting ongoing volatility compression as price action clusters along the band’s lower edge. This positioning reinforces the dominance of sellers, as price has struggled for months to move meaningfully toward the Bollinger basis at $0.701.

Source: TradingView

Rejection candles observed during September and October confirm that upward attempts have consistently failed, with sellers stepping in to reverse momentum before any sustained breakouts. The persistent inability to close above the basis line maintains the weak structural outlook for the Worldcoin price, as the trend continues to favor lower levels.

While trading near the lower band sometimes suggests oversold conditions and the potential for a technical bounce, the coin lacks strong volume or reversal signals to validate such a scenario. Unless the price can reclaim the Bollinger median with conviction, the broader outlook continues to point toward extended consolidation or further downside in the near term.

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BitcoinEthereumNews2025/11/27 06:27