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

• Price fell to a 24-hour low of 1.512 after a sharp correction from 1.61.
• A bearish divergence between price and RSI suggests weakening bullish momentum.
• Volatility remained elevated, with Bollinger Bands widening after a contraction.
• Volume spiked during the selloff, confirming bearish pressure.
• Fibonacci levels at 1.547 (61.8%) and 1.526 (38.2%) are now key near-term levels.

Worldcoin/Tether (WLDUSDT) opened at 1.604 on 2025-09-18 12:00 ET and closed at 1.513 on 2025-09-19 12:00 ET, reaching a high of 1.61 and a low of 1.512. Total traded volume amounted to 24.3 million and turnover reached approximately $38.1 million over 24 hours. The pair displayed a clear bearish bias amid rising volatility and a key Fibonacci breakdown.

Structure & Formations

The 24-hour price action revealed a sharp bearish breakdown from 1.61 to 1.512, forming a descending channel and a bearish flag pattern. Several bearish engulfing and shooting star patterns emerged near the 1.60–1.61 resistance level, suggesting sellers dominated the key highs. A doji at 1.57 confirmed indecision and marked a potential reversal point before the downward acceleration. The 1.547 and 1.526 levels now serve as critical support thresholds.

Moving Averages

On the 15-minute chart, price closed below both the 20-EMA and 50-EMA, reinforcing the bearish bias. The 50/100/200 daily MA structure indicates a strong bearish alignment, with price sitting well below the 200-day MA, a sign of sustained weakness. This suggests continued bearish momentum may persist until a decisive break above 1.57 is seen.

MACD & RSI

The RSI dropped sharply below 40 and approached oversold territory at 35, while the MACD crossed below the signal line, confirming bearish momentum. However, the divergence between price and RSI suggests bears may be losing steam, and a bounce could be imminent. The histogram is shrinking, hinting at potential exhaustion of the downward move.

Bollinger Bands

Bollinger Bands displayed a contraction phase during the early hours, followed by a sharp expansion as the selloff accelerated. Price remains within the bands, indicating the move is not yet extreme. The lower band is now near 1.51, and if the selloff continues, it may test the lower band as a dynamic support.

Volume & Turnover

Volume spiked during the selloff, particularly between 04:00 and 07:00 ET, confirming the bearish pressure. However, the increase in turnover was not proportionate, suggesting retail participation may be waning. This volume-turnover divergence raises the possibility of a short-term bounce as institutional buyers may step in.

Fibonacci Retracements

Fibonacci retracements applied to the 1.512–1.61 swing show key levels at 1.547 (61.8%) and 1.526 (38.2%). Price has tested and bounced off these levels multiple times, and the next decisive move could come with a break above 1.547. A retest of 1.526 may trigger a short-covering rally if the selloff is exhausted.

Backtest Hypothesis

Given the bearish divergence in RSI and the weakening MACD, a potential backtesting strategy could involve a short bias with a stop-loss above the 1.547 level and a target at 1.51–1.50, leveraging the Fibonacci breakdown. This strategy would be best tested on 15-minute and 1-hour timeframes using strict entry rules—such as a close below the 1.533 support with increasing volume—and trailing stops to manage risk.