Worldcoin (WLD) is currently trading at $0.622357, reflecting a 24-hour increase of 2.22%. The price has oscillated between a high of $0.625115 and a low of $0.598062 over the past day, indicating a relatively tight daily range of 2.27%.

Trading volume stands at 127,425,397, contributing to a volume-to-market cap ratio of 8.76%, suggesting moderate trading activity relative to its overall market capitalization. The hourly moving averages show a bullish trend in shorter time frames with the 8 SMA and 13 SMA both up by approximately 1.80% and 1.73%, respectively, although the 144 SMA indicates a potential resistance at $0.6359, down by 2.13%.

The 1-hour RSI sits at 50, suggesting a neutral momentum, while the 7-day RSI at 47 indicates bearish momentum is slightly prevailing. The 7-day, 14-day, and 30-day price changes are negative, with declines of approximately 7.01%, 24.46%, and 29.48%, respectively, reflecting a longer-term downtrend since the all-time high of $11.74 recorded on March 10, 2024.

Given the current technical indicators, the short-term bullish momentum is countered by a longer-term bearish trend. With resistance noted at the 144 SMA and an overall negative price trajectory over the past month, the outlook remains cautious.

In conclusion, the recommendation for Worldcoin (WLD) is to Hold at this time. The potential for short-term gains exists, but significant long-term downward pressure necessitates a more conservative approach until clearer bullish signals emerge.