Worldcoin/Tether Market Overview (WLDUSDT) – 2025-11-13

Summary
• WLDUSDT opens at 0.759, closes at 0.784, with a 24-hour high of 0.809 and low of 0.745.
• Price shows a moderate bullish bias, forming key bullish patterns mid-day.
• Volume peaks during the Asian session, confirming late-day strength.

Worldcoin/Tether (WLDUSDT) opened at 0.759 on 2025-11-12 at 12:00 ET and closed at 0.784 by 12:00 ET on 2025-11-13. The 24-hour range was between a high of 0.809 and a low of 0.745, with total volume of 28,435,493.1 and a notional turnover of 21,666,707.0 USD. Price action shows a moderate bullish bias, particularly after the Asian trading hours, with key candlestick formations emerging.

Structure & Formations

WLDUSDT formed a Bullish Engulfing pattern at 2025-11-13 06:00 ET and a Morning Star at 2025-11-13 15:00 ET, both signaling potential short-term bullish momentum. The price found strong support around 0.76–0.765 and tested resistance at 0.80–0.805 multiple times. A clear bearish rejection occurred at the upper band of 0.809, suggesting that further upside may need consolidation.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs were closely aligned during the morning, but the price separated above the 50-SMA by early afternoon. On the daily chart, the 50-day SMA was near 0.756, while the 200-day SMA remained at 0.748, indicating a moderate uptrend with potential for continued bullish momentum.

MACD & RSI

The MACD line crossed above the signal line around 2025-11-13 06:00 ET and remained positive for most of the session, confirming bullish momentum. RSI oscillated between 45 and 60, indicating a moderate uptrend without strong overbought conditions. The indicator briefly touched 62–65 in late afternoon, suggesting a potential pause.

Bollinger Bands

Price action remained within the Bollinger Bands for most of the session, with a moderate contraction observed during the European hours. A breakout above the upper band occurred briefly at 0.809, but failed to hold. Price closed near the upper half of the bands, indicating potential continuation of the bullish trend, though consolidation may be needed.

Volume & Turnover

Volume spiked during the Asian session, particularly around 2025-11-13 05:00–06:00 ET, coinciding with the formation of bullish candlestick patterns. Notional turnover confirmed volume strength during this period. Divergence was observed in the European session, where volume decreased despite continued price gains, signaling potential exhaustion ahead of a consolidation phase.

Fibonacci Retracements

Recent 15-minute swings show the price tested the 50% Fibonacci level at 0.776 and 61.8% at 0.783. On the daily chart, the 38.2% retracement of the prior downtrend is at 0.772, and the 61.8% at 0.759. The current price sits above both key levels, indicating a potential continuation of the bullish move.

Backtest Hypothesis

The recent formation of both a Bullish Engulfing and a Morning Star aligns with the pattern-based backtest strategy outlined. However, over the last 3 years, no overlapping instances of these patterns have been recorded, leading to failed backtests. A practical adjustment would be to implement a union strategy—entering long positions on either pattern with a 3-day holding period. This approach could better capture short-term bullish momentum, especially when confirmed by volume and technical indicators like MACD and RSI. Alternatively, running separate backtests for each pattern would help isolate their individual effectiveness.

WLDUSDT may continue to test the 0.80–0.805 resistance zone over the next 24 hours, with potential for a breakout if volume confirms. However, caution is warranted if price fails to hold above 0.785, as it could signal a short-term pullback.