Market Overview for Worldcoin/Tether (WLDUSDT) as of 2025-12-09

Summary
• Price tested key support at $0.587 before rebounding with bullish momentum in late 24 hours.
• A morning bearish trend reversed into a bullish consolidation phase, with 212,467.4 average 5-min volume observed.
• RSI hit oversold levels, then rebounded with confirmation from rising turnover.
• A 5-min bullish engulfing pattern emerged around $0.604–$0.607, suggesting potential short-term bullish continuation.
• Volatility expanded during the late-night rally, pushing price above the 20-period MA for the first time in 24 hours.

Worldcoin/Tether (WLDUSDT) opened at $0.602 on 2025-12-08 at 12:00 ET, reached a high of $0.620, and a low of $0.581 before closing at $0.602 on 2025-12-09 at 12:00 ET. Total volume for the 24-hour period was 10,390,341.5 with a turnover of $6,297,668.

Structure & Formations

Price tested a critical support level near $0.587 in the early hours of 2025-12-09, finding buyers that sparked a steady rebound. A bullish consolidation followed, with the 5-min chart showing a

pattern between $0.604 and $0.607, suggesting a potential reversal. The 20-period moving average was crossed above for the first time in the session during the late-night rally, which may signal short-term momentum turning positive.

Momentum & Volatility

The RSI indicator hit oversold levels near 28.2 during the early morning dip but rebounded to a mid-50s reading by the close, confirming the buying strength. MACD turned positive during the consolidation phase, reinforcing the potential for further upside. Volatility expanded as the price broke above the upper Bollinger Band during the late-night rally, suggesting increasing conviction in the bullish move.

Volume & Turnover Analysis

Volume spiked during key turning points, particularly during the $0.587 support test and the $0.607–$0.620 rally phase, indicating strong participation. Notional turnover increased in tandem with price during the late-night recovery, suggesting aligned momentum and no divergence. The average 5-min volume was 212,467.4, with a peak at $0.618 where volume reached 556,992.5.

Fibonacci Retracements

Key Fibonacci retracement levels from the 5-min swing low at $0.581 to the high at $0.620 were tested during the consolidation phase. The 61.8% level at $0.606–$0.607 was a significant cluster of activity, with the price appearing to hold above that level in the final hours of the 24-hour period.

The price appears to be consolidating with a potential to test the $0.618–$0.620 resistance zone in the next 24 hours. However, a retest of the $0.587 support level could occur if volume and momentum stall, so investors should watch for signs of divergence or breakdown in the early hours.