Worldcoin (WLD) is currently priced at $0.38111, with a slight increase of 0.95603% over the past 24 hours. The daily trading range has been relatively narrow, fluctuating between a high of $0.392904 and a low of $0.37663, indicating low volatility in the current market environment.

The trading volume stands at 110,032,726, representing 10.25% of the market cap, which suggests moderate investor interest. However, the hourly moving averages show a bearish trend, with the 8 SMA at $0.3835 down 0.61%, indicating that the short-term momentum is weakening further.

The 1-hour RSI is at 38, which points towards oversold conditions, while the 7-day RSI is at 48, indicating a neutral sentiment in the short term. The 7-day, 14-day, and 30-day price changes are all negative, reflecting a longer-term downtrend of -7.26%, -16.08%, and -34.14%, respectively.

Despite its all-time high of $11.74 in March 2024, the current price indicates significant retracement from that peak, signaling potential long-term bearish sentiment. The consistent decline in price over the past month raises concerns about the sustainability of any upward momentum.

In summary, while there may be short-term opportunities for trading given the current low price and oversold conditions, the overall trend remains negative. Given the bearish indicators and longer-term downtrends, the recommendation for Worldcoin (WLD) is to Hold until clearer bullish signals emerge.