Worldcoin (WLD) is currently priced at $0.39147, marking a 7.11% increase over the last 24 hours. The asset has experienced significant volatility, with a daily range between $0.363058 and $0.394132, indicating a robust trading environment.

The trading volume stands at approximately $79.64 million, accounting for 7.19% of its market cap, suggesting healthy market participation. However, the price remains substantially below its all-time high of $11.74, reached in March 2024, indicating potential long-term bearish sentiment.

Technical indicators reveal an hourly RSI of 80, indicating overbought conditions in the short term, while the 7-day RSI of 53 suggests a neutral stance. The 14-day price change is notably negative at -19.99%, and the 30-day price change shows a decline of 31.28%, highlighting a longer-term bearish trend.

Moving averages show a mixed picture; the 8, 13, and 21 SMAs are all trending upward, reflecting short-term bullish momentum, while the 144 SMA indicates a modest gain of 1.32%. The divergence in short-term and long-term trends emphasizes the need for caution in the current buying environment.

Given the overbought hourly RSI and the bearish trends in longer-term price changes, a cautious approach is warranted. Therefore, the recommendation is to Hold WLD, observing for clearer bullish signals or a stabilization in the price trend before making further investment decisions.