Worldcoin (WLD) is currently priced at $0.577975, reflecting a slight decline of 0.76% over the past 24 hours. The daily trading range has been relatively narrow, with a high of $0.596217 and a low of $0.574584, indicating low volatility within this period.

Trading volume stands at approximately $78.18 million, representing 4.98% of the market cap, suggesting moderate liquidity. The hourly moving averages show a consistent downtrend with the 8 SMA at $0.5826 and the 144 SMA at $0.6015, which signals bearish pressure in the short term.

The 1-hour RSI is at 48, while the 7-day RSI is slightly higher at 49, both indicating a neutral momentum with no clear overbought or oversold conditions. In the context of recent performance, the price has increased by 4.05% over the past week and 17.54% over the past two weeks, demonstrating a short-term bullish trend despite a negative 30-day change of 6.42%.

Worldcoin’s all-time high remains significantly above the current price at $11.74, achieved in March 2024, which may imply substantial upside potential. However, the present technical indicators and moving averages reflect a need for caution in the immediate term, given the bearish momentum.

In summary, the current market conditions suggest a Hold rating for Worldcoin (WLD). While the asset shows some positive short-term momentum, the prevailing downtrend in moving averages and lack of strong bullish signals warrant a wait-and-see approach before considering new positions or further investments.