Worldcoin/Tether (WLDUSDT) Market Overview

• Price surged from $1.463 to $1.516 with a consolidation phase observed post-breakout.
• Strong bullish momentum seen in RSI and MACD, suggesting a potential continuation.
• Volatility expanded significantly with price oscillating within Bollinger Bands.
• Volume increased notably on upward moves, confirming bullish sentiment.
• Key resistance appears near $1.514, with support at $1.496 as per Fibonacci retracement levels.

Worldcoin/Tether (WLDUSDT) opened at $1.485 on 2025-09-15 at 12:00 ET, reached a high of $1.516, a low of $1.463, and closed at $1.504 as of 2025-09-16 at 12:00 ET. Total volume for the 24-hour window was approximately 36,831,115.9 units, with a notional turnover of $54,717,075.57.

Structure & Formations

The price action of WLDUSDT displayed a clear bullish bias, with a strong upward breakout from a descending triangle pattern around $1.495. A key breakout occurred at $1.506, followed by a bullish engulfing pattern in the session’s later hours. A doji candle formed near $1.513, suggesting potential short-term consolidation.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are currently aligned to the upside, indicating a bullish trend. The 20-period MA stands at $1.503, and the 50-period MA at $1.500, suggesting a narrowing gap and potential convergence. On the daily chart, the 50-period MA is at $1.498, and the 100-period MA is at $1.494, reinforcing the uptrend.

MACD & RSI

The MACD line is positive, at 0.009 with a signal line of 0.005, indicating bullish momentum. RSI is currently at 62, suggesting moderate strength and no immediate overbought conditions.

Bollinger Bands

Price has expanded significantly within the Bollinger Bands, with a recent low volatility contraction preceding the breakout. The current price of $1.504 sits close to the upper band, indicating heightened volatility and a potential reversal or continuation.

Volume & Turnover

Volume surged during the breakout phase, confirming the strength of the upward move. Turnover spiked to $2.5 million during the $1.506–$1.516 range, aligning with the price action. A divergence between price and volume has not been observed, suggesting solid conviction in the current move.

Fibonacci Retracements

Fibonacci levels indicate key support at $1.496 (61.8%) and $1.485 (50%), while resistance appears at $1.514 (38.2%). The price is currently consolidating near the 61.8% level, which could act as a dynamic support zone for further upward movement.

Backtest Hypothesis

A backtesting strategy based on the 50-period moving average crossover with a 20-period MA on the 15-minute chart, combined with RSI divergence, could offer potential buy signals during upward momentum. The current alignment of moving averages and RSI reading suggests that a crossover strategy may be effective in capturing short-term bullish continuation. Additionally, the consolidation near the 61.8% Fibonacci level may present a favorable entry zone for long positions with a stop just below $1.496.

Looking ahead, WLDUSDT could test the $1.514 resistance level, with a potential retest of $1.504 expected if consolidation continues. Investors should remain cautious, as a break below $1.496 could trigger a pullback or sideways consolidation.