📈 Worldcoin’s Recent Performance
Worldcoin’s price had been climbing since early September, reaching $2.46 and sparking investor optimism. However, a recent price dip has caused significant losses, with investors hoping for a recovery. The drop in price has shaken market sentiment as profits slip away.

💸 Worldcoin Investors’ Losses
In the last 24 hours, Worldcoin’s price fell by nearly 19%, causing a notable decline in the number of profitable holdings. The supply in profit dropped from 87% to 70%, with over 97 million WLD, valued at $194 million, moving into loss territory. This swift decline has hurt investor confidence, raising concerns about further losses.

📊 Macro Challenges
On a broader scale, Worldcoin’s trajectory faces challenges. Global In/Out of the Money (GIOM) data shows that 2.79 billion WLD, worth $5.58 billion, lost profitability over the past week due to the 18% drop. These holdings were purchased when the price ranged between $2.04 and $2.45. Worldcoin must rise back to $2.46 for these holdings to become profitable again.

📉 WLD Price Outlook
Worldcoin’s price has dropped by 18% this week, falling from $2.46 to $1.99. Prior to the decline, there was hope for WLD to reach $3.00, a 22% gain, but this potential now seems uncertain. Investors are focused on testing $2.11 as support, as establishing this level could restore some lost confidence.

⚠️ Risk of Further Decline
If Worldcoin fails to hold above $2.11, a drop to $1.74 could occur, deepening investor losses and potentially undermining market sentiment. In this scenario, optimism may fade, leading to more cautious market behavior.