Worldcoin (WLD) is currently trading at $1.18, reflecting a significant 23.55% increase over the last 24 hours. The price has fluctuated between $0.96 and $1.19 during this period, indicating strong volatility and positive market sentiment.

Volume stands at 506,257,918, accounting for 32.77% of the market cap, which suggests robust trading activity and interest in WLD. The hourly moving averages show a bullish trend, with the 8 SMA at $1.12 reflecting a 5.19% increase, while longer-term SMAs indicate a consistent upward momentum.

The 1-hour RSI is exceptionally high at 89, signaling potential overbought conditions in the short term. However, the 7-day RSI at 69 indicates that WLD still has room to grow before reaching overbought territory, confirming ongoing bullish sentiment.

WLD has experienced substantial price growth over the past week, with a 7-day price change of 65.80%, alongside a 14-day price change of 57.01%. This momentum is indicative of strong buyer interest, especially as the asset approaches its all-time high of $11.74.

Given the current technical indicators and price action, WLD shows signs of potential further growth, although caution is warranted due to its high RSI levels. A strategy to consider would be to hold for the short term while monitoring for signs of a correction, particularly if the price surpasses the 24h high of $1.19.

In conclusion, the analysis recommends a Hold rating for WLD, as the asset demonstrates strong upward momentum while also signaling potential overbought conditions that could lead to short-term corrections. Keeping an eye on market developments and adjusting positions accordingly is advisable for optimal performance.