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Worldcoin drops 10-16% amid heavy selling and liquidation pressure, struggles to regain key $0.3076 level.

Technical Signals
30 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

Worldcoin (WLD) experienced a sharp decline of 10-16% after reaching a multi-week high near $0.4146, falling back to around $0.30. The drop was driven by a shift from strong buying momentum to selling pressure, confirmed by technical indicators like RSI falling below 45 and bearish MACD signals. Efforts to recover above the critical $0.3076 resistance level have stalled, keeping sellers in control. Additionally, significant liquidation of leveraged long positions totaling $3.76 million in the past 24 hours highlights ongoing bearish sentiment. Without reclaiming $0.3076, WLD faces continued downside risk toward $0.2745, where stronger demand might emerge.

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