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Worldcoin's WLD plunges 16% as traders rapidly exit after failed breakout above resistance.

Technical Signals
28 May 2026
AMBCrypto
View Source
Bearish
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Worldcoin's WLD token dropped over 16% following a failed attempt to sustain a breakout above key resistance at $0.374. Trading volume collapsed by more than 57%, and Open Interest fell nearly 23%, indicating that leveraged traders quickly reduced bullish exposure amid heavy long liquidations exceeding $3.36 million. The price retreated toward its broader bearish regression trend support near $0.30, with sellers regaining control after buyers failed to maintain upward momentum. If buyers cannot reclaim the $0.374 resistance, bearish pressure may intensify toward lower support levels, suggesting continued downside risk in the near term.

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