Worldcoin (WLD) is currently priced at $0.37376, reflecting a 3.38% decrease over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.392416 and a low of $0.373646, indicating limited volatility despite a significant drop in price.

Trading volume stands at approximately 112.44 million, representing 10.66% of the market cap, which suggests a moderate level of market activity. The hourly moving averages indicate a bearish trend, with the 8 SMA at $0.3786 and the 21 SMA at $0.3812, both showing declines, further reinforcing the downtrend.

The 1-hour RSI is at 33, signaling that WLD is nearing oversold conditions, yet it may continue to experience selling pressure in the short term. Conversely, the 7-day RSI at 47 indicates a neutral stance, while the 14-day and 30-day price changes of -19.08% and -36.14% respectively reflect significant bearish momentum over a longer horizon.

Given the substantial decline from its all-time high of $11.74, reached in March 2024, WLD is currently trading at a fraction of its peak value. The persistent downtrend, combined with the recent price action and RSI indicators, suggests that the market sentiment remains negative.

In conclusion, the current data indicates that WLD is in a bearish phase with limited upward momentum in the immediate term. Therefore, a Sell rating is warranted, as further price declines appear likely until a reversal signal is observed.