Price Position and Structural State
Worldcoin (WLD) closed at 0.3797 USDT on August 28, 2026, down 7.77%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.293 USDT, with resistance near 0.4639 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
WLD is trading above short-term moving averages but remains below longer-term resistance. MA14 at 0.378 USDT can act as near-term support for the recovery attempt, while MA9 at 0.395856 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
WLD shows moderate trading friction, with a 3-day friction score of 54.5. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -2.55% in one day and remains near the lower side of its 90-day range. This shows participation is weak and exposure is still being reduced.
Funding is negative on the 24-hour average at -0.001663%, while the 7-day average is +0.006605%. This shows fresh short-side cost pressure rather than a sustained build across the week.
The long/short ratio is 1.69, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
WLD shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is strengthening. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.657 | 1.13 | 0.432 | Strong linkage |
| 60D | 0.567 | 1.182 | 0.322 | Moderate linkage |
| 180D | 0.431 | 1.176 | 0.186 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
WLD is moving more day to day, but participation remains weak. ATR% reads 10.06, close to the top of its 30-day range, while Bollinger Band width% reads 34.60, near the lower side of its full historical range. 20-day Volume Z-score is 0.29.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +11.15%, while RSI is 52.75.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. WLD has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.
Key Levels for the Next State Change
For WLD, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.4639 USDT establishes a bullish regime, while a daily close below 55-day support at 0.293 USDT confirms a bearish regime.