Worldcoin (WLD) is currently priced at $0.6451, reflecting a 24-hour decline of 2.05%. The daily price range has been tight, with a high of $0.6686 and a low of $0.6389, indicating limited volatility amidst the downward trend.

Volume stands at approximately $92.36 million, with a volume-to-market cap ratio of 6.08%, suggesting moderate trading activity relative to its market capitalization. The current moving averages show bearish momentum, particularly the 8 SMA and 13 SMA, both indicating declines of over 2%, while the 144 SMA shows a more positive trend, up 3.12%.

The 1-hour RSI is at 46, signaling neutral momentum, while the 7-day RSI at 55 indicates a slight bullish bias in the medium term. However, the significant longer-term price changes highlight ongoing bearish pressure, with a 30-day change of -25.54% and a 14-day change of -11.92%.

Given the substantial distance from the all-time high of $11.74, current market sentiment remains cautious. In light of the recent price trends, coupled with resistance levels near the 8 and 13 SMAs, the outlook for WLD remains bearish.

Based on this analysis, a Sell rating is recommended due to the persistent downward pressure, underperformance in moving averages, and the significant decline over the past month. A strategic exit may be prudent until clearer bullish signals emerge.