Worldcoin (WLD) is currently trading at $0.4408, reflecting a 24-hour decline of 5.12%. The price has fluctuated between a high of $0.4798 and a low of $0.4391 over the same period, indicating a daily range of approximately 4.06%.

Trading volume stands at 122,727,386, which contributes to a market cap volume ratio of 10%. The hourly moving averages are trending downward, with the 8 SMA at $0.4498 (-2.00%), the 13 SMA at $0.4559 (-3.32%), and the 21 SMA at $0.4621 (-4.60%), signaling bearish momentum.

The 1-hour RSI is critically low at 7, suggesting that WLD is heavily oversold in the short term. In contrast, the 7-day RSI sits at 48, indicating a more neutral position, while the 14-day and 30-day price changes reflect significant declines of -20.58% and -9.78%, respectively.

The all-time high for WLD remains at $11.74, achieved on March 10, 2024, highlighting a substantial disconnect from the current price. This stark difference suggests potential for recovery, yet the ongoing bearish trend requires caution before considering any upward momentum.

Given the current oversold conditions indicated by the 1-hour RSI and the significant historical price drop, a short-term hold strategy is recommended. Monitoring for signs of reversal or stabilization in price and RSI will be crucial for determining the optimal entry point for potential long positions.