Worldcoin (WLD) is currently trading at $0.395829, reflecting a 24-hour decline of 2.37%. The price has oscillated between $0.39054 and $0.407593 in the last day, indicating a daily range of 0.017053%.

Trading volume stands at approximately $96.9 million, representing 8.72% of the market cap, suggesting a moderate level of market activity. The hourly moving averages show a bearish trend, with the 8 SMA at $0.3984 (-0.65%) and the 13 SMA at $0.3968 (-0.25%), indicating short-term selling pressure.

The 1-hour RSI is at 49, which suggests that the asset is neither overbought nor oversold, while the 7-day RSI at 50 supports this neutrality. However, the 7-day price change is down by approximately 3.90%, and the 14-day change shows a more significant decline of 14.93%, highlighting a weakening momentum.

In the longer term, the 30-day price change shows a substantial drop of 32.23%, which raises concerns about potential further downside. Additionally, the all-time high for WLD was $11.74 on March 10, 2024, but the current price indicates significant retracement from those levels.

Given the technical indicators pointing toward bearish sentiment and the declining price trends across multiple timeframes, it would be prudent to adopt a cautious stance. Therefore, the recommendation is to Hold WLD for now, observing for signs of reversal or stabilization before making further investment decisions.