Story Highlights* Worldcoin’s sharp surge and swift pullback were driven by rumour-led speculation, triggering aggressive short-term positioning and subsequent profit-taking as momentum faded.
Technically, WLD remains confined within a bearish structure, and any meaningful recovery would require a confirmed breakout supported by sustained volume and improving demand.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Worldcoin (WLD) Price Jumps 40%, Then Slips 12%—What Went Wrong?
Story Highlights* Worldcoin’s sharp surge and swift pullback were driven by rumour-led speculation, triggering aggressive short-term positioning and subsequent profit-taking as momentum faded.