Worldcoin (WLD) is currently priced at $0.568861, reflecting a slight decline of 1.92% over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.593232 and a low of $0.558651, indicating a 24-hour price fluctuation of 5.88%.

The trading volume stands at approximately 86 million, equating to 6.38% of the market cap, which suggests moderate market activity. Key moving averages indicate a bearish trend, with the 8 SMA at $0.5800, 13 SMA at $0.5774, and 21 SMA at $0.5782 all showing negative percentages, reinforcing the current downtrend.

Technical indicators such as the 1-hour RSI at 47 and the 7-day RSI at 49 are hovering near neutral territory, suggesting a lack of momentum in either direction. However, the 7-day price change of -2.10%, 14-day price change of -6.61%, and a steep 30-day price change of -31.62% indicate significant bearish sentiment over the medium term.

Worldcoin's all-time high was at $11.74, reached in March 2024, which emphasizes the drastic depreciation from historical peaks. This decline, coupled with the current technical indicators, suggests a lack of buyer interest at current levels, increasing the risk of further downside.

Given the bearish trends in moving averages, negative price changes over various periods, and neutral RSI readings, a cautious approach is warranted. Therefore, the rating for Worldcoin (WLD) is Sell, as the risk of further declines outweighs the potential for a short-term rebound.