Market Overview for Worldcoin/Tether (WLDUSDT)

Summary
• Price fluctuated between 0.630 and 0.648, forming multiple inside and engulfing patterns near key levels.
• Volume surged early in the session, then declined, while price drifted lower in the final hours.
• RSI hovered in neutral to oversold territory, suggesting waning bullish momentum.
• Bollinger Bands widened mid-session, reflecting increased volatility during the rally.
• A 61.8% Fibonacci retracement aligned with a key support zone tested twice in the 24-hour window.

Worldcoin/Tether (WLDUSDT) opened at 0.637 on 2025-12-09 12:00 ET, reached a high of 0.648, and closed at 0.633 on 2025-12-10 12:00 ET, with a low of 0.630. Total volume was 10,248,232.8, and turnover was 6,589,671.5 in the 24-hour window.

Structure & Formations

The 24-hour period saw a distinct consolidation phase following an early morning rally. A bearish engulfing pattern formed near 0.646, followed by a series of inside bars at 0.640–0.643. The price attempted a recovery in the evening, reaching a high of 0.648, but failed to hold above that level, suggesting resistance is likely near 0.646–0.648. A key support area around 0.633 was tested twice in the latter half of the session, with mixed results.

Moving Averages and Momentum

On the 5-minute chart, the 20- and 50-period moving averages crossed into a bearish alignment after midday, reinforcing the downward drift in price.

RSI hovered near 30–40 in the final hours, indicating potential oversold conditions, though a reversal is not confirmed. The MACD line turned negative late in the session, aligning with the bearish shift in trend.

Volatility and Volume Profile

Volatility was most pronounced in the early hours, with Bollinger Bands expanding as price surged from 0.637 to 0.648. By late morning, the bands had begun to contract, signaling a potential pause in the upward movement. Volume spiked to over 924,389.6 in the first 15 minutes but then gradually declined, especially as price moved lower. This volume profile suggests reduced conviction in the upward thrust.

Fibonacci Retracements

A 61.8% Fibonacci retracement level from the 0.630 to 0.648 swing aligned with the 0.633–0.634 range, where price found support in the latter half of the session. This area could become a key battleground in the next 24 hours, especially if buyers manage to push past 0.637.

Worldcoin/Tether may test the 0.633 support in the near term, with a potential bounce or breakdown likely depending on volume and order flow. Investors should remain cautious of a breakdown below 0.630, which could invalidate the recent consolidation pattern and trigger a sharper decline.