Worldcoin Drops 14.92% in a Week; AMBCrypto Sets $0.356 as Key Support Level

Worldcoin (WLD) fell 14.92% over the past week, failing to break above the long-term downtrend line in place since 2024, with the daily close at $0.398448 (about 532 won) as of 9 a.m. KST on November 1, per CoinGecko data. AMBCrypto's November 1 analysis put WLD's 24-hour decline at 0.2%, with futures open interest down 1.4%, though the drop in open interest alone does not indicate which side of positions was reduced. Technical analysis points to diverging reference levels across timeframes, with AMBCrypto citing $0.356 as a key baseline on the daily chart versus different levels on the 4-hour chart. The move matters because WLD's inability to reclaim its multi-year trendline keeps the token in a broader downtrend despite short-term stabilization attempts. Traders should watch whether the $0.356 level holds and whether open interest rebuilds, which would signal renewed positioning in WLD derivatives.