Worldcoin (WLD) is currently priced at $0.373189, experiencing a 24-hour decline of 6.59%. The daily trading range has been between a low of $0.367305 and a high of $0.411299, indicating significant volatility and pressure to the downside.

Trading volume stands at approximately 159.53 million, reflecting a Vol/Market Cap ratio of 15.22%, which suggests moderate trading activity relative to its market capitalization. The short-term moving averages confirm a bearish trend, with the 8 SMA at $0.3991 showing a decline of 6.50%, while longer SMAs also indicate increasing negative momentum.

The 1-hour RSI is critically low at 20, signaling potential oversold conditions, which could lead to a short-term reversal if buying pressure resumes. Conversely, the 7-day RSI of 40 indicates the asset is nearing the oversold threshold, but a lack of bullish momentum persists, as evidenced by a 7-day price change of -23.24%.

Fundamentally, the price has dropped significantly over the past month, with a 30-day decline of 41.01%. This extended downtrend aligns with the broader market sentiment and has resulted in a substantial deviation from its all-time high of $11.74, reached on March 10, 2024.

Given the current technical indicators and the bearish momentum in play, the recommendation is to Hold. The asset shows signs of being oversold, which may present a buying opportunity in the near term; however, sustained bearish trends and lack of recovery signals suggest caution before entering new positions.