Worldcoin (WLD) is currently trading at $0.3795, reflecting a 1.28% increase over the past 24 hours. The asset has shown some volatility, with a daily range of $0.0183, peaking at $0.3874 and dipping to $0.3691 during this period.

Trading volume stands at approximately $58 million, translating to a volume-to-market cap ratio of 5.35%, indicating moderate trading activity relative to its market capitalization. The 1-hour RSI is at 65, suggesting that WLD is nearing overbought territory in the short term, while the 7-day RSI of 42 indicates a lack of upward momentum over a longer timeframe.

Short-term moving averages display mixed signals, with the 8 SMA indicating a slight bearish trend at -0.34%, while the 13 SMA shows a slight bullish trend at +0.02%. However, the 55 SMA and 144 SMA indicate a bearish outlook over longer periods, with declines of -0.07% and -4.34%, respectively, suggesting resistance at higher levels.

From a broader perspective, WLD has experienced a decline of approximately 19.64% over the past 30 days, indicating a longer-term bearish trend. The all-time high of $11.74 remains a distant target, highlighting significant downside from current levels and the need for strong bullish momentum to recover lost ground.

Given the current technical indicators and recent price action, the recommendation for Worldcoin (WLD) is to Hold. The asset shows potential for short-term gains, but significant resistance and a longer-term bearish trend suggest caution for new entries.