Worldcoin (WLD) is currently trading at $0.402397, reflecting a slight decline of 0.3886% over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.40674 and a low of $0.388234, indicating consolidation in price movement.

The trading volume of 122,735,198 WLD represents a market cap dominance of 10.96%, suggesting moderate liquidity. The hourly moving averages indicate a short-term bullish sentiment, with the 8, 13, and 21 SMAs all showing positive momentum, while the 55 SMA is indicating a bearish correction.

The 1-hour RSI stands at 63, reflecting an overbought condition, which may limit further upside in the short term. Conversely, the 7-day RSI at 46 indicates a more neutral position, suggesting potential for recovery or sideways movement as the market digests recent losses.

Over the last week, WLD has seen a price decline of approximately 11.46%, and longer-term metrics reveal a 14-day decrease of 18.71% and a staggering 30-day drop of 29.15%. This negative momentum, alongside the significant gap from the all-time high of $11.74, underscores the challenges the asset faces to regain bullish traction.

Given the current technical indicators and fundamental metrics, the recommendation for Worldcoin (WLD) is to Hold. While the short-term indicators suggest potential for a bounce back, the longer-term downtrend requires caution. The market's recent performance indicates that investors should observe for clearer bullish signals before committing additional capital.