Worldcoin/Tether (WLDUSDT) 24-Hour Market Overview

• Price opened at 1.613 and closed at 1.604, with a 24-hour range of 1.563 to 1.624.
• Volume spiked during the 23:15–00:00 ET window, coinciding with a sharp selloff.
• RSI signaled overbought and oversold conditions, while MACD showed bearish divergence.
• Bollinger Bands widened mid-session, reflecting heightened volatility.

Worldcoin/Tether (WLDUSDT) opened at 1.613 on 2025-09-14 at 12:00 ET and closed at 1.604 on 2025-09-15 at 12:00 ET. The 24-hour high was 1.624 and the low was 1.563. The total volume for the period was 41,882,034.83, with a notional turnover of $67,080,435.14 (based on volume × price).

Structure & Formations

The 24-hour chart for WLDUSDT exhibited key support levels at 1.563–1.575 and resistance at 1.606–1.624. A notable bearish engulfing pattern emerged between 23:15 and 00:00 ET, confirming a sharp reversal following an intraday high. A doji formed at 01:30–02:00 ET, suggesting indecision near the 1.572 level. A bullish harami pattern appeared around 05:15–05:30 ET, indicating a potential short-term reversal.

Moving Averages & Momentum Indicators

Short-term 15-minute moving averages (20/50) crossed into bearish territory by the late evening, with the 50-period line dipping below the 20-period. Daily moving averages (50/100/200) showed a flattening trend, with the 50-period line hovering above the 100-period line.

Relative Strength Index (RSI) peaked at 72 (overbought) in the early evening and fell to 28 (oversold) by early morning, indicating a strong bearish bias. MACD crossed below the signal line around 23:45–00:00 ET, signaling a bearish momentum shift.

Volatility and Bollinger Bands

Bollinger Bands expanded significantly between 23:00 and 00:15 ET, reflecting heightened volatility during the selloff. Price action during that period largely moved below the lower band, suggesting bearish exhaustion. The bands then narrowed slightly during the morning hours, indicating a potential consolidation phase.

Volume and Turnover Analysis

Volume spiked to 2.45 million at 23:15 ET, coinciding with the bearish engulfing pattern and a drop in price from 1.609 to 1.578. This was the highest single 15-minute volume print of the session. Notional turnover followed a similar pattern, rising to over $3.9 million at that time. Price and volume were aligned during this phase, confirming the bearish move.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 23:15–00:00 ET swing (1.609–1.578), the 61.8% level (1.588) coincided with a minor bounce, suggesting a potential area of support. On the daily chart, the 61.8% retracement of the broader 2025-09-14 swing (1.624–1.563) fell near 1.593, where the price paused in the morning.

Forward Outlook and Risk

While WLDUSDT appears to have found a short-term floor near 1.563–1.575, the bearish momentum and high volume during the selloff suggest further downside is possible in the near term. A retest of the 1.606–1.613 resistance range would be key for bullish sentiment to reemerge. Investors should monitor volume for divergence and watch for a breakout from the 1.572–1.606 range.

Backtest Hypothesis

A potential backtest strategy would be to enter a short position on WLDUSDT when the 15-minute RSI dips below 30 and the price breaks below the 1.582 level, with a stop loss placed above the 1.606 resistance. A long entry could be triggered if the price closes above 1.608 on 15-minute volume confirmation. This setup aligns with the observed bearish momentum and Fibonacci support/resistance levels.