New on BYDFi: $WLD.USDT perp, Worldcoin, the World ID token, up to 75x: Day one range 0.425 to 0.4435

BYDFi WLD perp notes, official BYDFi contract data around 6:25 PM ET Oct 27:

What it is: USDT-margined perpetual on Worldcoin (WLD), the token behind World ID's proof-of-personhood network. Live on BYDFi since 6:00 AM ET Oct 27, up to 75x, taker 0.06% and maker 0.02%.

Live stats: last 0.4352, index 0.4365, 24h 0.425 to 0.4435, turnover about 6.71M USDT. Open interest about 484.7K WLD (about 211K USDT), up from about 176K USDT earlier in the evening. Funding -0.0077%.

Market structure (15m): the 0.425 low early on was reclaimed. Price has held a 0.432 to 0.441 box since midday, and a late wick to 0.4435 was sold.

Bias: LONG dips that hold 0.432, targets 0.441 then 0.4435. Invalidation: 15m close below 0.429.

Key levels: 0.4435 / 0.441 / 0.4362 / 0.432 / 0.429 / 0.425

Risk: rising OI with negative funding can squeeze either way, and WLD has heavy ongoing unlocks. Keep leverage modest.

Not financial advice.

Bias: LONG dips that hold 0.432.