Worldcoin (WLD) is currently priced at $0.561224, reflecting a 24-hour decline of 5.47%. The daily trading range has been relatively narrow, with a high of $0.594549 and a low of $0.560101, indicating limited volatility in recent trading sessions.

Trading volume stands at approximately 78.76 million, representing 5.74% of the market cap, suggesting moderate interest from investors despite the price drop. The moving averages indicate a bearish trend, with all key averages (8, 13, 21, 55, and 144 SMA) showing declines, particularly the 144 SMA at $0.6008 which reflects a 6.59% decrease.

Momentum indicators reveal oversold conditions, with the 1-hour RSI at 16 and the 7-day RSI at 45, suggesting that WLD is nearing potential support levels. The 7-day price change of -4.99% and a 14-day price change of -11.93% further illustrate the downward momentum, reinforcing the bearish sentiment.

The all-time high for Worldcoin remains significantly distant at $11.74, achieved earlier this year, indicating a substantial loss from peak values. This long-term perspective, combined with current technical indicators, suggests a fragile price structure with resistance levels remaining high.

Given the current price action, bearish moving averages, and oversold conditions without immediate reversal signals, a cautious approach is warranted. Therefore, the recommendation is to Hold WLD at this time, as further clarity in market direction is needed before considering any bullish position.