Worldcoin (WLD) is currently trading at $0.374635, reflecting a 24-hour change of -1.80%. The daily price range has been relatively narrow, oscillating between a high of $0.382359 and a low of $0.368463, indicating low volatility in the short term.

The trading volume over the past 24 hours stands at approximately 53,962,714, which corresponds to 5.04% of the market capitalization. This volume indicates moderate interest, but the decrease in price suggests that selling pressure is present.

Short-term moving averages show mixed signals: the 8 SMA and 13 SMA are slightly positive, while the 55 SMA and 144 SMA reflect a bearish trend with declines of -2.26% and -6.02%, respectively. The current price is hovering close to the 21 SMA, indicating potential support or resistance around this level.

The RSI metrics are revealing as well; the 1-hour RSI is at 52, suggesting neutrality, while the 7-day RSI at 46 indicates that WLD is approaching oversold territory. This could imply that a rebound might occur if buying interest increases, but the 30-day price change of -22.90% shows a significant downtrend in the medium term.

Despite a minor recovery in the 14-day price change of +8.33%, the overall trend remains negative, particularly when juxtaposed with the all-time high of $11.74 reached in March 2024. This drastic decline from the all-time high raises concerns about the long-term value proposition of WLD.

Given the technical indicators, current price action, and the significant drawdown from its all-time high, the recommendation for Worldcoin (WLD) is to Hold. While short-term fluctuations may present opportunities, the broader negative trend and lack of strong bullish signals suggest that investors should wait for clearer indicators before considering a Buy.