Market Overview for Worldcoin/Tether USDt (WLDUSDT): 24-Hour Analysis

• WLDUSDT rose 5.77% over 24 hours, closing at 0.91 with strong bullish momentum.
• RSI and MACD confirmed positive momentum, while Bollinger Bands showed moderate expansion.
• Key resistance at 0.918 and support at 0.901 formed during consolidation phases.
• Volume surged above 777,400 at session highs, confirming price strength.
• Fibonacci retracements suggested a potential pullback to 0.902–0.906 in the near term.

Worldcoin/Tether USDt (WLDUSDT) opened at 0.887 on 2025-09-05 16:00 ET, surged to a high of 0.920, and closed at 0.910 by 12:00 ET on 2025-09-06. Total volume reached 4.2 million WLD, with a notional turnover of $3.79 million.

Structure & Formations

The price displayed a strong bullish trend, forming multiple higher highs and higher lows. A Bullish Engulfing pattern emerged at 21:45 ET, confirming a shift in sentiment. Key resistance appears at 0.918 and 0.920, while critical support is seen at 0.901. A Doji formed at 00:45 ET, suggesting indecision at the peak of the rally.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA, signaling a short-term bullish signal. Daily moving averages (50/100/200) were not available, but 15-minute data suggests a strong trend.

MACD & RSI

MACD showed a rising histogram with a positive crossover, indicating strong bullish momentum. RSI reached 62 at the close, suggesting the price is approaching overbought territory, but not yet at dangerous levels.

Bollinger Bands

Volatility expanded as the price approached the upper band. The bands widened significantly during the 23:45–00:00 ET window, indicating increased volatility and trader interest.

Volume & Turnover

Volume spiked at 00:45 ET and 01:00 ET, coinciding with the highest price movement. Notional turnover also increased during this period, confirming bullish strength. No major divergence was observed between price and volume.

Fibonacci Retracements

Applying Fibonacci to the 23:45–00:45 ET swing, the price found support at the 61.8% level (0.906). A retest of the 38.2% level (0.913) may happen if the price consolidates, offering potential entry points for traders.

Backtest Hypothesis

A proposed strategy for WLDUSDT involves entering long positions when the price closes above the 20-period MA and RSI crosses above 50, with a stop-loss below the 15-minute low of the prior candle. Exits are triggered when RSI hits 70 or a bearish candlestick pattern forms. Preliminary analysis of the data suggests this strategy could have captured the 23:45–00:45 ET rally and exited profitably before the consolidation phase.