Worldcoin (WLD) is currently priced at $0.392321, reflecting a 24-hour decline of 2.08%. The price has traded within a daily range of $0.38957 to $0.403334, indicating a relatively narrow fluctuation, with volume recorded at approximately $58.64 million, which constitutes a 5.33% share of its market cap.

Technical indicators show a bearish sentiment, with hourly moving averages indicating slight declines across various periods; the 8 SMA at $0.3983 is down 1.51%, while the longer-term 144 SMA at $0.3961 shows a smaller decrease of 0.96%. The Relative Strength Index (RSI) is neutral at 47 for the hourly timeframe and slightly higher at 49 for the 7-day period, suggesting a lack of momentum in either direction.

From a fundamental perspective, WLD has experienced significant price corrections, with a 30-day change of -33.51%, highlighting ongoing bearish pressure. Additionally, the all-time high of $11.74 reached in March 2024 underscores the extent of the current downturn, as the asset remains substantially below this level.

Given the current price action, declining moving averages, and overall bearish market sentiment, the outlook for WLD remains cautious. The recent RSI readings do not indicate oversold conditions that might prompt a rebound, and the significant negative price changes over the last 30 days further support this assessment.

Based on the analysis of both technical and fundamental factors, the recommendation for Worldcoin (WLD) is to Hold. This position allows investors to reassess the market conditions without incurring additional losses while observing potential signs of a trend reversal in the near term.