Worldcoin (WLD) is currently trading at $0.380127, reflecting a 24-hour decrease of 2.17%. The daily range indicates a volatility of $0.015043, with the price oscillating between a high of $0.390684 and a low of $0.375641.

Volume for the past 24 hours stands at 40,055,548, translating to a volume-to-market cap ratio of 3.69%. The hourly moving averages are showing downward trends, with the 8-period SMA at $0.3821 down 0.52%, and the 144-period SMA at $0.3880 down 2.02%, indicating a bearish momentum in the short term.

The 1-hour Relative Strength Index (RSI) is critically low at 24, suggesting that WLD is significantly oversold in the very short term. Meanwhile, the 7-day RSI at 46 indicates neutral momentum, but a consistent downtrend over the last 7 days at -7.17% signals potential weakness in buying pressure.

Over a longer timeframe, WLD has experienced a 14-day decline of 3.82% and a substantial 30-day decrease of 20.33%. This prolonged bearish trend, coupled with the RSI metrics, suggests that sellers are dominating the market sentiment.

Given the current technical indicators and the negative price trends, a cautious approach is warranted. The all-time high of $11.74 reached in March 2024 remains a distant target, and the current price shows significant deviation from that peak.

Considering the combination of oversold conditions and the absence of bullish reversal signals, I recommend a Hold rating for WLD. This allows investors to observe potential recovery patterns without committing additional capital in a declining market.