Worldcoin (WLD) is currently priced at $0.36555, reflecting a 24-hour decline of 2.60%. The price has fluctuated between a high of $0.393592 and a low of $0.364978 in the last 24 hours, indicating a relatively tight daily range of 0.028614%.

The trading volume of 68,613,846 suggests moderate activity, with a volume-to-market cap ratio of 6.55%. Short-term moving averages are bearish, with the 8 SMA at $0.3705 and the 13 SMA at $0.3709, both showing declines of over 1.3%, indicating downward momentum.

The 1-hour Relative Strength Index (RSI) is at 31, signaling potential oversold conditions, while the 7-day RSI at 46 suggests that the asset is nearing neutral territory but still under pressure. Over the past week, WLD has seen an 8.29% decline, and the 30-day change is even more pronounced at -21.82%, reflecting bearish sentiment in the short to medium term.

Given that the all-time high of $11.74 was recorded in March 2024, the current price represents a significant depreciation from that peak. The consistent downward pressure indicated by the moving averages and price changes suggests that the current market sentiment is predominantly negative.

In conclusion, the technical indicators and recent price movements point towards a continued bearish trend for Worldcoin (WLD). Given the current data and the lack of bullish momentum, a Sell rating is warranted as it is likely to test lower support levels in the near term.