$WLD is trading near $0.496 and remains under pressure, down 4.8% over the week and nearly 24% this month. Price is stuck in a tight range, showing no strong direction yet. Technical signals are neutral, with RSI around 51, while daily token unlocks of over 5M WLD continue to add steady selling pressure. This keeps the market cautious despite small inflows during consolidation.
Whale data shows smart money is still bearish. Large players are holding profitable short positions, while long whales are mostly underwater. The long/short ratio keeps falling, and top traders are selling more than buying, which confirms the downside bias. If price loses the $0.482 support, more selling could follow. On the upside, WLD needs to break and hold above $0.509 to shift short-term momentum.
On the positive side, a reported $30M OTC purchase by Multicoin Capital signals strong long-term confidence in WLD. There is also a reward campaign running in Latin America that may bring some short-term demand. However, regulatory concerns and constant token unlocks remain key risks. For now, WLD looks like a wait-and-watch asset, with short-term moves driven by range breaks and long-term outlook depending on how these pressures are resolved.
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