Are you tracking Worldcoin (WLD) for potential entries or exits and want a sharp view of its short-term price structure? This focused 5-minute chart analysis breaks down the key turning points, downtrend continuation patterns, and failed WLD recovery efforts seen in the past 24 hours. Whether you’re eyeing a move above resistance or monitoring how support levels hold, this walkthrough delivers the technical insights you need to evaluate WLD with clarity and confidence.
Worldcoin(WLD) Price Analysis of May 3rd, 2025
The WLD price action over the last 24 hours shows continued movement within a broad downtrend channel. From 09:00 to 12:00 UTC, Worldcoin price sharply declined from $1.037 to test the $1.02 zone, bouncing modestly before another drop. Between 12:00 and 15:00 UTC, WLD rose toward a newly forming resistance around $1.045 but was quickly rejected there, resuming its downtrend. RSI during this period spiked above 70 and then dropped aggressively, confirming a short-lived overbought setup. MACD had a weak bullish crossover at the peak, but it quickly turned bearish with the drop.
Chart 1- Analyzed by Alokkp0608, published on May 3rd, 2025.
The following 3-hour segments from 15:00 to 21:00 UTC continued within the broader downtrend channel. After the rejection at $1.045, sellers pushed the price lower in waves, making several failed bounce attempts. The WLD price briefly hovered near $1.025 before dipping again toward $1.01. RSI stayed under 50 and MACD showed widening bearish histogram bars, confirming downside momentum. From 18:00 to 21:00 UTC, the candles showed consolidation pressure, with buyers unable to push the price beyond short-term intraday resistance near $1.03. The downtrend structure remained intact, with no meaningful strength visible from bulls.
Failed Breakouts and Persistent Downtrend
From 21:00 UTC to 03:00 UTC, Worldcoin price bounced upward again, briefly forming a minor uptrend channel. Buyers pushed the price back to $1.033 but failed to build momentum. The 02:45 UTC candle showed another sharp reversal, sending WLD back into the dominant downtrend. MACD showed a brief bullish crossover during this stretch but lost strength immediately, while RSI touched 60 before falling again. This pattern highlights repeated failed breakout attempts, where each small rally led to another drop. The support near $1.005 started showing relevance as the price edged closer, but never quite broke decisively below it during this window.
Between 03:00 UTC and 09:00 UTC, the WLD price again moved upward from $1.008 to $1.028, but the structure lacked follow-through. Buyers formed another rising wedge, and the momentum faded near the $1.03 zone. Price re-entered the broader downtrend channel and hovered just above the key support near $1.005. RSI showed a strong bounce from the oversold area around 30 but reversed near 50, reflecting weak buying strength. MACD lines remained close together with small bullish histogram bars, suggesting indecision. This phase reinforced the dominance of the larger bearish structure that began the previous day.
Sellers Maintain Control Despite Short-Term Rebounds
In the final stretch leading up to 09:00 UTC on May 3, WLD price attempted a weak recovery from $1.008, reaching a high of $1.028. However, candles lacked volume, and resistance near $1.03 remained firm. As the price was pushed down again, the overall trend continued to favor sellers. RSI tried breaking above the 50 line but was rejected quickly, while MACD showed signs of another possible bearish crossover forming. Despite multiple efforts to escape the downtrend, buyers failed to establish a stable uptrend, and the market leaned toward continued pressure near the $1.005 support zone.
WLD Still Struggles Beneath $1.03 Resistance
Worldcoin price remains under pressure with continued rejection near $1.03 and repeated testing of the $1.005 support. Momentum throughout the last 24 hours has favored sellers, despite several failed attempts by buyers to form rising trends. The RSI briefly crossed into overbought but mostly stayed below 50, while MACD showed weak bullish crossovers that quickly turned bearish, highlighting a lack of conviction from bulls. If $1.005 breaks, the next support may lie closer to $0.998. For any meaningful WLD recovery, WLD price must reclaim and hold above $1.035.
Worldcoin(WLD) Price Analysis of May 7th, 2025
The WLD price action over the last 24 hours shows a balanced mix of consolidation, trend shifts, and breakout behavior. The session began with a sideways path between $0.862 and $0.900, lasting until 13:50 UTC. Buyers attempted minor pushes near the upper band but failed to create higher highs. RSI during this range tested both overbought and oversold zones, indicating indecision. Meanwhile, the MACD showed a death cross early, confirming bearish momentum, followed by a golden cross just before the breakout, hints of growing buyer interest as volume crept upward from noon onwards.
Chart 2- WLD/USDT M5 Chart, Analyzed by Alokkp0608, published on May 7th, 2025.
Shortly after breaking out of the sideways structure, Worldcoin price initiated a moderate uptrend, climbing from around $0.900 to a peak near $0.913 by 18:50 UTC. This leg formed higher lows and hinted at gathering momentum. However, a brief pullback emerged afterward, retracing to $0.875 by around 21:35 UTC. Despite the dip, the uptrend structure remained intact. RSI cooled down from overbought territory, and MACD stayed above the signal line through most of this leg. Notably, the pullback found support near previous mid-range consolidation levels, showing that buyers had not fully exited.
Momentum Builds Ahead of Breakout
From 21:35 UTC onward, WLD price entered a stronger and cleaner uptrend channel with increasingly steep higher highs and higher lows. This culminated in a breakout above the key resistance level of $0.940 at around 01:00 UTC on May 7. Momentum was supported by a golden cross on the MACD around 00:00 UTC and consistent RSI moves into overbought territory. The uptrend appeared technically sound, supported by buying volume and minimal volatility spikes. The WLD breakout above $0.940 marked a significant shift in sentiment, turning previous resistance into tentative support.
After the WLD breakout, the price saw a mild rejection just above $0.950 and briefly dipped near the resistance zone again by around 03:20 UTC. However, buyers returned quickly, pushing the price to a short-lived high of $0.962. This upward push, though strong, lacked continuation, as the WLD price flattened out immediately after. RSI stayed elevated but began showing signs of bearish divergence, while MACD crossed below the signal line again, hinting at short-term fatigue. Price then entered another sideways path just above the resistance-turned-support level of $0.940.
Consolidation Holds Near Key Support After Brief Rally
WLD price is currently consolidating just above the $0.940 zone after failing to extend beyond $0.962. Price action is ranging tightly, suggesting indecision among both bulls and bears at this level. This consolidation area could serve as a launchpad for another rally or slip back into previous support zones near $0.913. Indicators are mixed: MACD has formed a death cross, suggesting cooling momentum, while RSI is neutral after multiple overbought readings, signaling the market may be awaiting fresh catalysts.
Breakout Pauses but Momentum Remains Alive
Worldcoin Price remains in a cautiously bullish posture, with price holding above the critical resistance-turned-support near $0.940. Momentum is currently slowing, but the prior WLD breakout from the uptrend channel still supports potential continuation. If WLD stays above $0.940, it may attempt another move toward $0.970 and possibly test $0.980 short-term. Key support to watch lies at $0.913, with a breakdown below potentially resetting bullish momentum. RSI has cooled from overbought, while MACD’s recent death cross reflects temporary exhaustion. A confirmed push above $0.962 could reinvigorate bullish momentum heading into the next session.
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