$WLD and $INJ have been hit so hard recently. Is the AI narrative dead? All A.I. coins, except for $TAO (which is also underperforming, but not as badly as the others), have been falling non-stop.
The AI-token narrative tokens have been among the worst performers at the moment, with $WLD and $INJ taking the hardest falls, breaking through their main support zones and grinding way lower. Others like $TAO and $NEAR are equally not performing well, but they didn’t fall as bad ad INJ and WLD.
1. #Worldcoin ($WLD)
Currently trades below $0.3, with a deeply negative MACD on the 4H chart and an RSI pushing into oversold territory. The chart shows a clean breakdown: WLD lost the $0.3540 support level in late July after months of consolidation beneath it, and price hasn't looked back since; now it’s trading nearly 15% below that broken level, with the $0.4494 zone sitting far overhead as distant resistance. $WLD is in a confirmed downtrend, not a pullback within a range.
2. #Injective ($INJ)
$INJ rejected the $5 level multiple times last month and is now trading way below it. Currently at a $4.49 range with a 4H RSI at a deeply oversold territory of 25.93. $INJ broke down from a multi-week consolidation range between roughly $5.00 and $5.20, briefly found footing near the $4.791 level, and has now broken below that too, sliding to fresh local lows. However, its oversold RSI raises the odds of a short-term relief bounce, but the structure itself remains firmly bearish until $INJ reclaims $4.791.
3. #Bitensor ($TAO)
$TAO trades at $190.99, with a 4H RSI at 42.09 below its 51.97 moving average. TAO is pulling back from its recent test of the $198-$200 zone, but it's still holding well above the $184 low that capped its own July downtrend, and the current dip looks more like a retracement inside a range than a fresh breakdown. It's underperforming its own recent bounce, but the damage is nowhere near what WLD and INJ are showing.
$WLD and $INJ breaking multi-month support levels with heavy RSI weakness is a real technical deterioration. Do you think the AI trade lost its appeal for now?
