Worldcoin (WLD) is currently priced at $0.379547, reflecting a 24-hour decrease of 2.56%. The daily price range has been between $0.375082 and $0.392904, indicating limited volatility in the short term.

Trading volume stands at approximately 71 million, representing 6.64% of the market cap, which suggests moderate interest from traders. However, the consistently declining hourly moving averages indicate bearish sentiment, with the 8 SMA at $0.3880 and showing a decrease of 2.17%.

The 1-hour RSI is at 38, indicating that WLD is approaching oversold territory, which may suggest a potential short-term bounce. In contrast, the 7-day RSI at 46 and the continuous price drops over the past week (-6.96%), two weeks (-16.36%), and month (-33.79%) reflect a persistent downtrend.

The significant difference from the all-time high of $11.74 highlights a dramatic loss in value, indicating that the current price is under considerable pressure. Despite the oversold conditions in the short term, the overall trend suggests a lack of buying momentum necessary for a sustained recovery.

Based on the analysis of current price action, volume, and technical indicators, the recommendation for Worldcoin (WLD) is a Hold. This rating reflects the need to observe potential support levels and overall market conditions before making a more aggressive investment decision.