Worldcoin (WLD) is currently priced at $0.377391, reflecting a 4.55% decrease over the past 24 hours. The asset has experienced a daily trading range between $0.373972 and $0.395377, indicating a relatively narrow volatility band of 5.5% during this period.

Volume has reached approximately $56.2 million, representing 5.22% of the market cap, which suggests moderate trading activity. However, the hourly moving averages indicate bearish momentum, with the 8 SMA at $0.3800 showing a decline of 0.68% and the 55 SMA at $0.3937 down 4.13%.

The 1-hour RSI is currently at 29, signaling that WLD is in oversold territory, which often precedes potential reversals. In contrast, the 7-day RSI at 50 suggests a neutral trend, while the 14-day price change shows a significant loss of 7.52%, indicating prolonged bearish sentiment.

In the longer-term context, the 30-day price change has plummeted by 25.35%, reinforcing a bearish trend. The all-time high of $11.74, achieved on March 10, 2024, underscores the potential for substantial price appreciation, but current levels are drastically lower, indicating high volatility and risk.

Given the technical indicators and the overall market sentiment, the recommendation for Worldcoin (WLD) is to Hold. The oversold condition may lead to a short-term rebound, but the broader trend remains negative, warranting caution before any aggressive buying.