WLD and OP Face Resistance in Weak Recovery Attempts as Open Interest Declines

Worldcoin (WLD) and Optimism (OP) are both struggling to sustain upward momentum amid broader market hesitancy, with technical indicators signaling limited bullish conviction. WLD has stabilized around $0.66 after recovering from lows near $0.56, but open interest has slipped, reflecting reduced leveraged trader participation. Its market cap holds above $1.54 billion, with daily volume around $93 million, yet the MACD remains negative and Chaikin Money Flow (CMF) at -0.11 indicates persistent outflows.

Similarly, OP gained 2.71% to trade at $0.33, with a market cap of $633 million, but open interest softened after a brief rebound. The token's recovery lacks volume support, and CMF stays negative at -0.10, underscoring weak demand. Both assets remain in macro downtrends, with resistance levels capping gains and traders awaiting stronger catalysts for a trend reversal.