Worldcoin (WLD) is currently trading at $0.664909, reflecting a slight decline of 1.17% over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.692527 and a low of $0.658635, indicating limited volatility in the current market environment.

The volume stands at approximately 116.22 million, translating to a volume-to-market cap ratio of 7.50%, suggesting a moderate level of trading activity. However, the downward price trend is further highlighted by the 7-day RSI at 42 and the 1-hour RSI at 31, indicating that the asset is nearing oversold conditions.

Moving averages show a bearish sentiment, with the 8 SMA, 13 SMA, and 21 SMA all reflecting negative changes ranging from -2.19% to -2.55%. The 55 SMA and 144 SMA also indicate a longer-term bearish trend, with declines of -1.15% and -5.12%, respectively, reinforcing the weakness in price momentum.

From a fundamental perspective, the 7-day price change of -17.77% and the 30-day change of -28.45% suggest ongoing selling pressure and lack of bullish sentiment. With the all-time high of $11.74 reached back in March 2024, current prices are significantly depressed, indicating a long-term downtrend.

Given the combination of bearish technical indicators, declining momentum, and historical price weakness, the current sentiment leans towards caution. Therefore, the recommendation for Worldcoin (WLD) is to Hold, as the asset may stabilize or find a support level before any potential recovery.