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Worldcoin rallies nearly 24% in five days amid a short squeeze, but momentum may fade soon.

Technical Signals
22 May 2026
AMBCrypto
View Source
Neutral
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Worldcoin (WLD) has surged about 23.95% over five days, reaching $0.281 after hitting a low of $0.226 on May 17. This rally was driven by a short squeeze, as rising Open Interest and a shift from negative to positive Funding Rate liquidated $571k in short positions. Despite this strong momentum, technical indicators suggest the bounce may be losing strength, with resistance near $0.288-$0.308 and sellers still dominant. Traders should watch for a possible rangebound movement or a cautious breakout above $0.329 before expecting a sustained uptrend.

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