Worldcoin (WLD) is currently priced at $0.395577, reflecting a 3.81% increase over the last 24 hours. The daily trading range has been relatively narrow, with a high of $0.398026 and a low of $0.377264, indicating a moderate level of volatility.

The trading volume stands at approximately 56.57 million, equating to a volume-to-market cap ratio of 5.04%. Short-term moving averages show a bullish trend, with the 8-period SMA at $0.3890 reflecting a 1.70% gain, while the longer 144-period SMA at $0.3839 shows a 3.03% increase, suggesting consistent upward momentum.

However, the 1-hour RSI of 82 indicates that WLD is currently overbought, which may lead to a price correction in the short term. In contrast, the 7-day RSI is neutral at 50, but the negative price changes over the past week (-1.83%), two weeks (-16.38%), and month (-33.60%) point to longer-term bearish pressure.

The all-time high for WLD remains significantly elevated at $11.74, achieved in March 2024, highlighting the asset's potential but also the substantial decline from its peak. Current price levels are only a fraction of that peak, which may attract investors looking for long-term value, but short-term traders should proceed with caution.

In conclusion, while short-term indicators show positive movement, the high RSI and recent downward trends suggest potential risks for immediate investment. A cautious approach is recommended, resulting in a Hold rating as the market may be poised for a correction while longer-term prospects remain uncertain.