Summary
• Price dropped to a 24-hour low of $0.4785 before rebounding toward $0.5158.
• Volume spiked during the early session, with a sharp sell-off from $0.5146 to $0.4785.
• A bullish reversal pattern is forming near 0.478–0.480, coinciding with key Fibonacci support.
• RSI hit oversold territory and began to show early divergence, suggesting potential short-covering.
• Volatility expanded significantly after 07:00 ET, with Bollinger Bands widening as price surged back.
Worldcoin/Tether (WLDUSDT) opened at $0.5139 on 2025-12-18 12:00 ET, reached a high of $0.525, a low of $0.4785, and closed at $0.5162 at 2025-12-19 12:00 ET. The 24-hour volume was ~25.4 million, with notional turnover of ~$12.5 million.
Structure and Price Action
The price formed a sharp bearish move from $0.5146 to $0.4785 between 17:15 and 19:45 ET before rallying back toward $0.5158.
. A bullish engulfing pattern appears near the 0.478–0.480 level, suggesting potential short-covering. The 0.5158 high marks the most recent swing high, with Fibonacci retracement levels indicating 61.8% support at ~$0.492 and 38.2% at ~$0.504.
Momentum and Volatility
The RSI hit oversold levels during the early sell-off but began to recover as volume increased. Bollinger Bands expanded significantly after 07:00 ET, coinciding with the rally from $0.505 to $0.525. The MACD line crossed above the signal line during the morning hours, reinforcing bullish momentum.
Volume and Turnover
Volume spiked during the initial sell-off with a candle printing ~$690K in turnover at $0.5001. Volume later declined during consolidation but picked up again after 07:00 ET. Price and turnover aligned during the final 5-hour window, confirming the strength of the rebound.
Looking Ahead
The price appears to be consolidating near 0.516–0.518, with a potential break of the 0.525 high signaling further upside. However, traders should remain cautious of a pullback test of the 0.498–0.502 zone, which could trigger renewed selling.
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