Worldcoin (WLD) is currently trading at $0.488317, reflecting a 24-hour change of -1.35%. The daily price range has been constrained between a high of $0.508651 and a low of $0.485191, indicating limited volatility, with a daily range of just 0.02346%.

The trading volume over the past 24 hours is approximately 77.3 million, corresponding to a volume-to-market cap ratio of 5.77%. Short-term moving averages suggest bearish momentum, with the 8 SMA at $0.4920 showing a decline of 0.74%, and the longer 144 SMA at $0.5470 reflecting a more substantial decrease of 10.73%.

Current Relative Strength Index (RSI) metrics indicate oversold conditions, with the 1-hour RSI at 29 and the 7-day RSI at 35. The downward price trends are notable, with a 7-day price change of -14.70%, a 14-day change of -22.37%, and a 30-day change of -5.35%, suggesting ongoing bearish sentiment.

Despite the historical all-time high of $11.74 reached in March 2024, the current price shows a significant decline from that peak. The technical indicators point to persistent selling pressure, and with the RSI values indicating oversold conditions, a potential short-term rebound may occur, but the longer-term trend remains downward.

Given the current technical indicators, the bearish momentum, and significant price declines over various time frames, a Sell rating is warranted. The absence of bullish signals in the moving averages and the continuous decline in RSI values suggest that further downside is likely in the near term.