Worldcoin (WLD) is currently priced at $0.381022, reflecting a slight increase of 0.38302% over the last 24 hours. The asset has exhibited a daily trading range between $0.364978 and $0.385732, indicating volatility but staying within a narrow band, as evidenced by a daily range percentage of 0.020754%.

Trading volume stands at approximately 70.33 million, which translates to a volume-to-market cap ratio of 6.42%. This indicates a healthy level of trading activity, but the price is under pressure, given that the 7-day and 30-day price changes are -4.14% and -17.86%, respectively, suggesting bearish sentiment over the medium term.

Technical indicators reveal that short-term moving averages (8 SMA, 13 SMA, and 21 SMA) are all in positive territory, suggesting a potential upward trend. However, the longer-term moving averages (55 SMA and 144 SMA) are showing minimal gains, indicating a lack of strong bullish momentum, particularly as the 1-hour RSI of 62 approaches overbought conditions.

The 7-day RSI at 49 indicates that the asset is currently neutral, providing little indication of immediate upward or downward momentum. With the recent price action and a significant drop from the all-time high of $11.74, which occurred in March 2024, the market sentiment appears cautious.

Considering the mixed signals from both technical and fundamental perspectives, Worldcoin is currently in a consolidation phase. Given the recent price action, volume, and broader market trends, the recommendation is to Hold, as there is potential for upward movement should it break above the recent resistance levels, but caution is warranted due to the overall downtrend over the past month.