WLD Main Trend. Descending Channel. June 2026WLD / US DollarBINANCE:WLDUSDSpartaBTCTime frame: 1 week (shorter is not necessary). Descending channel. You can see how to trade in descending channels and the logic of price movement in this trading idea as an example: XLM (Stellar) / USD Descending Channel. Working on a coin. Fundamental. WLD is the ticker symbol for the token of the global Worldcoin project. The company behind it is Tools for Humanity, founded in 2019 by Alex Blania, Max Novendstern, and Sam Altman (CEO of OpenAI, the creator of ChatGPT). Despite the common creator and conceptual connection (creating a digital "human passport" to protect against AI bots), Worldcoin is a separate project, independent of OpenAI. 🔵WLD Decline from pump high -98%. Why such a dramatic price decline of -98% with all the hype? 1️⃣ Huge supply of 10 billion, currently 3.45 billion in circulation. 2️⃣ Early investors, venture capital funds, and the Tools for Humanity development team regularly accessed their locked billions of tokens and sold them on the market (they made a huge profit, or even "money for nothing"). 3️⃣ The concept of collecting biometric data (eye scanning) provoked fierce resistance from authorities. The project faced bans, fines, and investigations in Spain, Hong Kong, Kenya, and Argentina. This greatly undermined the confidence of major investors. They began to exit the token immediately after it was unlocked. 4️⃣Weak Token Utility. Currently, the WLD token lacks strong practical application within the ecosystem (no staking, few DeFi integrations). For most people, WLD remains a speculative instrument, tied to the hype around AI and Sam Altman. 🟣Local reversal, towards the mirror resistance level of 0.64, currently up about 140% from the average price. Why the local pump? News has it that the developers have taken a radical step to stop investor capitulation: starting July 24, 2026, the daily token unlock rate will be reduced by 43% (issuance will drop from 5.1 million to 2.9 million WLD per day). This will artificially reduce the influx of new coins in theory, but in practice, someone big on this pump (people involved in the project and developers?) might exit the market and sell their coins based on this news... 🔴Short scenario. I doubt the price will break the resistance of the descending channel. I've highlighted the important local zone for this with a triangle. If the descending channel doesn't break (resistance to the main trend), then a short position within the descending channel's range is a logical scenario, but with a protective stop. Two zones are shown. From there, especially the second one, a long position is logical. This isn't profitable in the current price range, as the price has already risen too much vertically following the news of token unlocks being reduced from June 24. 🟢Long scenario, according to the classic scenario, is a break in the descending channel and consolidation (not a spike pump-and-run in a couple of days) above the mirror level on a large time frame (this is currently insufficient, likely only for a local sell-off).