Summary
•
tested key support at $0.563–0.565, forming multiple bullish reversals.
• Strong volume and turnover confirm a potential short-term reversal above 0.5668.
• RSI and MACD indicate improving momentum, suggesting a possible retest of 0.574–0.576.
• Bollinger Bands show moderate volatility with price near the middle band.
• Fibonacci 61.8% level at $0.5688 aligns with initial resistance for a potential breakout.
Worldcoin/Tether (WLDUSDT) opened at $0.5763 on 2026-01-11 12:00 ET, reaching a high of $0.5882 and a low of $0.5605, closing at $0.5668 by 2026-01-12 12:00 ET. Total volume was 7,389,912.5, and turnover reached $4,173,935.14 over 24 hours.
Structure & Formations
Price formed a bullish reversal pattern near $0.563–0.565, with a series of higher lows and bullish engulfing patterns suggesting short-term buying interest. A key support at $0.5638 was tested and held, while resistance at $0.5668 and $0.5688 appears relevant for the next phase of price action.
Moving Averages
On the 5-minute chart, price remains above the 20-period and 50-period moving averages, indicating a short-term bullish bias. The 50-period line is rising, suggesting momentum may continue toward 0.574–0.576 if the move above 0.5688 is confirmed.
MACD & RSI
MACD turned positive in the final hours, with a narrowing histogram indicating tightening momentum. RSI is rising toward the midpoint, signaling a potential for further upside, though it has not yet entered overbought territory. This suggests a possible retest of 0.574–0.576 could occur if buying pressure continues.
Bollinger Bands
Volatility remained moderate with Bollinger Bands widening slightly in the final 6 hours. Price has remained within the bands throughout the session, with the middle band currently at ~0.5660–0.5670. A breakout above 0.5688 could signal increased volatility ahead.
Volume & Turnover
Volume spiked significantly during the bounce from 0.563–0.565, confirming a short-term reversal. Notional turnover also rose as price moved up through 0.5668 and 0.5688, supporting the case for a potential near-term breakout. No major divergences between price and volume were observed.
Fibonacci Retracements
The 61.8% Fibonacci retracement level is currently at $0.5688, which aligns with key resistance. A break above this level could see price retest the 0.574–0.576 range. The 38.2% retracement at $0.5654 has been tested multiple times and appears to act as a dynamic support/resistance zone.
Worldcoin/Tether may continue its short-term bullish momentum if it can hold above 0.5668 and break 0.5688. A failure to do so could lead to a retest of 0.563–0.565. Investors should remain cautious of potential volatility and price consolidation near key Fibonacci and moving average levels.
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