Worldcoin (WLD) is currently priced at $0.411722, experiencing a significant decline of 10.75% over the past 24 hours. The daily trading range has been notably volatile, with a high of $0.463698 and a low of $0.384696, indicating strong market fluctuations.

Trading volume stands at approximately 203.27 million, representing 17.73% of the market cap, which suggests a high level of liquidity despite the price drop. The short-term moving averages reflect bearish momentum, with the 8-hour SMA at $0.4041 indicating a slight uptick, while longer-term SMAs are showing greater declines, particularly the 55-hour SMA at $0.4539 and the 144-hour SMA at $0.4648.

The 1-hour RSI is at 32, indicating that WLD is currently oversold and may be due for a corrective bounce. In contrast, the 7-day RSI at 48 suggests a neutral stance, while the 14-day and 30-day price changes of -25.01% and -20.42%, respectively, highlight a sustained downtrend.

The all-time high of $11.74 reached in March 2024 remains a distant target, suggesting that current pricing is significantly undervalued relative to historical peaks. Given the recent price action, with a consistent downward trend over the past weeks, caution is warranted as the market seeks stability.

Considering the current oversold conditions reflected in the RSI, and the potential for a short-term rebound, a **Hold** rating is advised. Investors should monitor for signs of recovery, particularly if the price breaks above the immediate resistance levels around $0.4301 (21 SMA) and $0.4539 (55 SMA).