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Worldcoin rallies 16% as trading volume and Open Interest surge, breaking key resistance.

Technical Signals
31 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Worldcoin (WLD) surged over 16% in 24 hours with trading volume up 50.79% to $481.77 million, signaling renewed market interest. The price broke above a multi-month descending channel and key resistance at $0.269, reaching around $0.34, supported by a rising RSI and increased Open Interest, which rose 20.96% to $286.41 million. This suggests stronger trader conviction and fresh capital entering the market, though resistance near $0.407 remains a critical hurdle. Elevated leverage and liquidation risks could cause volatility, but sustained buying pressure might extend the recovery and confirm a bullish trend.

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