WLD dey ready for $0.25 test as team send 30 million tokens go custody
Worldcoin (WLD) dey under spotlight as the team don transfer 30M WLD (about $8.17M) go BitGo custody wallet, make the wallet balance reach about 153.65M WLD. Custody transfers no mean say dem go sell immediately, but reports talk say the team dey often use OTC after moves like this — so traders dey watch for follow-up selling.
Tape dey get heavier for exchanges. For past 24 hours, WLD get sell volume of about 27M against buy volume of about 24M, with Binance leading activity. On weekly view, sell volume pass 890M, and Exchange Net Highs-Lows wey don stay positive for over one month show say inflows to exchanges dey outpace outflows — normally na bearish market-structure signal.
Earlier price strength toward about $0.27 dey fade: whale activity don largely drop in the last 24 hours, and RSI don slip from about 55 to about 51. WLD still dey above the 20-day EMA, but upside fit cap if demand weakens.
Key levels traders dey watch for WLD: testing the 50-day EMA near $0.28. If e reclaim, e fit target $0.30. If WLD break down from about $0.25, the next downside area na around $0.23, with $0.25 as the near-term decision point.
Bearish
WLD dey face bearish risk because di story now combine (1) team-linked token movement go custody, wey historically fit precede OTC selling, and (2) clearer exchange order-flow pressure—sell volume pass buy volume, heavy Binance involvement, and exchange inflows more than outflows. Even though WLD still dey above key short-term trend indicators (e.g., 20-day EMA), momentum don cool: whale activity don fade and RSI don drop. Dis setup dey raise probability say e go reject near $0.28 and break down toward $0.25–$0.23 zone, making near-term downside bias di most actionable trade perspective.