Worldcoin (WLD) is currently priced at $0.389488, reflecting a 24-hour decline of 1.50%. The price has oscillated between a daily high of $0.403334 and a low of $0.38624, indicating a narrow trading range of 0.017094%.

The trading volume over the past 24 hours stands at approximately $63.48 million, translating to a Vol/Market Cap ratio of 5.81%. This volume suggests moderate interest from traders, although the recent price trends indicate a lack of strong bullish momentum.

Technical indicators reveal that the hourly moving averages are trending downward, with the 8 SMA at $0.3900 showing a decrease of 0.14% and the 55 SMA at $0.3972 down by 1.94%. The RSI metrics also support a bearish outlook, with the 1-hour RSI at 41 and the 7-day RSI at 48, indicating a lack of buying strength.

From a broader perspective, the 7-day price change of -0.62% and 14-day price change of -14.22% highlight a continued downtrend. Furthermore, a significant decline of 31.78% over the past 30 days reflects a weakening sentiment around WLD, particularly when considering its all-time high of $11.74 earlier this year.

In conclusion, the current technical setup and fundamental indicators suggest a bearish trend for Worldcoin (WLD). Given the recent price action, weak RSI readings, and declining moving averages, the recommendation is to Sell, as further downside risk appears likely in the near term.