Worldcoin/Tether (WLDUSDT) Market Overview

• WLDUSDT traded lower by ~2.25% over the last 24 hours, with key resistance capped near 1.307.
• A bearish breakdown from 1.366 to 1.270 was confirmed, with increased volume at key pivot levels.
• Volatility expanded early, then compressed toward close, suggesting potential consolidation.
• MACD remained negative with bearish divergence, while RSI entered oversold territory near 29.
• The 1.28–1.305 range appears to be critical for short-term buyers and sellers.

Worldcoin/Tether (WLDUSDT) opened at $1.255 on 2025-09-26 12:00 ET and closed at $1.304 on 2025-09-27 12:00 ET, reaching a high of $1.388 and a low of $1.248 during the 24-hour window. Total 15-minute OHLCV volume was ~33.6 million, with a notional turnover of approximately $43.6 million. The asset experienced a bearish trend with key support levels holding at 1.275 and 1.28.

Structure & Formations

The WLDUSDT 15-minute chart displayed a bearish trend over the past 24 hours, with key resistance forming around 1.305–1.307 and strong support at 1.275–1.280. A notable bearish engulfing pattern formed on 2025-09-27 14:45 ET at 1.303, signaling a continuation of the downtrend. A long lower shadow doji formed at 1.280, indicating indecision near that level. The price appears to be consolidating around 1.294–1.303, with buyers testing resistance but lacking follow-through volume.

Moving Averages

The 20- and 50-period SMAs on the 15-minute chart both remained bearish, with the 50 SMA acting as a dynamic overhead pressure line. The daily chart shows the 50- and 100-period SMAs intersecting around 1.301–1.303, forming a potential support/resistance zone. The 200-period SMA sits at 1.292, offering a critical level for short-term buyers to monitor for a possible reversal or continuation of the downtrend.

MACD & RSI

The MACD line remained negative throughout the session, with the histogram expanding during the sharp decline toward 1.270 before narrowing as price consolidated. A bearish divergence between the MACD and price was observed in the final four hours, suggesting a potential continuation of the downward move. The RSI dipped below 30 on several occasions, indicating oversold conditions, but failed to trigger a sustained rebound, pointing to weak buying pressure.

Bollinger Bands

Bollinger Bands reflected an increase in volatility during the first half of the session, with price reaching the upper band at 1.388. As the session progressed, volatility compressed, and price settled within the bands between 1.284 and 1.308. The 20-period BB width narrowed in the last five hours, suggesting potential for a breakout or continuation move. Price is currently hovering near the upper band, which could signal a temporary overbought condition or a possible reversal.

Volume & Turnover

Volume spiked significantly during the 14:45–15:45 ET period as price dropped from 1.306 to 1.276, confirming the bearish breakdown. However, the subsequent move back to 1.304 occurred on relatively lower volume, suggesting limited conviction from buyers. Notional turnover mirrored this pattern, peaking at $4.7 million during the bearish wave. A divergence between the price and turnover in the final hours suggests weakening momentum from both sides.

Fibonacci Retracements

Key Fibonacci levels from the 1.248 low to the 1.388 high identified 1.307 (61.8%), 1.299 (50%), and 1.291 (38.2%) as critical retracement levels. Price is currently forming a bullish divergence at the 50% level, which could act as a pivot point for the next 24 hours. Daily swings also show 1.280 as a key 38.2% level, which is currently holding.

Backtest Hypothesis

A potential backtest strategy could involve entering long positions on a bullish breakout above the 1.307 Fibonacci level, with a stop-loss placed below 1.299. This level has historically acted as a key pivot point, and a confirmed breakout could signal a shift in sentiment. For short positions, a breakdown below 1.280 would be a high-probability trigger, with a stop placed above 1.291. This strategy could be combined with MACD crossover signals to filter entries, as the indicator has shown consistent directional alignment in recent swings.