Short-term volatility, waning volume, and fading momentum indicators point to cautious sentiment. As of July 5, 2025, WLD trades near $0.88 after a sharp pullback.<\/p>\n
The latest 24-hour trading data from Brave New Coin <\/a>shows a 6.66% decline in WLD\u2019s price<\/a>, with the token sliding from around $0.94 to a daily low near $0.86 before stabilizing around $0.88. The sharp intraday downturn signals rising bearish sentiment as buyers struggle to maintain control. This correction began early on July 4 and intensified through mid-session, reflecting consistent downward price pressure.<\/p>\n
Source: BraveNewCoin<\/a><\/p>\n
The trading volume for the day reached $133.7 million, notably below the $150 million average seen during previous periods of bullish activity. Declining volume during the drop points to lower trader conviction and a lack of fresh inflows, despite WLD\u2019s high circulating<\/a> supply of 1.69 billion tokens. Without a volume rebound, any price recovery remains fragile, especially if key support zones are breached.<\/p>\n
On the daily timeframe, the WLD\/USDT chart from TradingView<\/a> shows ongoing price compression within a tightening range. The token is currently priced at $0.877, hovering near the 20-day simple moving average (SMA) midline of the Bollinger Bands, located at $0.902. The upper band caps resistance near $0.975, while repeated tests of the lower band at $0.829 have held firm, offering temporary support.<\/p>\n
Source: TradingView<\/a><\/p>\n
This signals a possible slowdown in selling, but not a confirmed reversal. To establish bullish traction, WLD must hold above<\/a> the Bollinger midline and close near $0.90 or higher. A failure to do so could lead to renewed pressure toward $0.829, with downside targets between $0.76 and $0.70 if that zone breaks.<\/p>\n
In a recent chart shared by analyst Crypto Joe,<\/a> a 1-hour timeframe reveals a falling wedge pattern that formed between June 10 and June 24. The wedge compressed from a high near $1.20 to a base just under $0.80 before breaking out on rising volume\u2014typically considered a bullish continuation signal.<\/p>\n
Following the breakout, WLD climbed <\/a>past the 50-period moving average, which now acts as dynamic support around $0.896.<\/p>\n
The chart identified a target zone between $1.04 and $1.05 based on the projected wedge height. Crypto Joe noted <\/a>that WLD must hold above $0.90 to preserve momentum. At the time of his analysis, the price was approaching $0.935, showing continued upside follow-through.<\/p>\n