Worldcoin (WLD) is currently trading at $0.64459, reflecting a 4.8% decline over the past 24 hours. The price has experienced a daily range between $0.638234 and $0.711832, indicating significant volatility but failing to maintain upward momentum.

The trading volume stands at approximately 200.6 million, which constitutes 13.32% of the market cap, suggesting a moderate level of interest. The short-term moving averages are indicating bearish trends, with the 8 SMA at $0.6581 showing a decline of 2.06%, and longer-term averages like the 144 SMA at $0.6795 down 5.14%.

Technical indicators such as the 1-hour RSI at 33 indicate that WLD is nearing oversold conditions, suggesting potential for a short-term reversal. However, the 7-day RSI at 45 and the consistent downward price changes over the past 7, 14, and 30 days signal persistent selling pressure.

Fundamentally, WLD remains significantly below its all-time high of $11.74 reached in March 2024, highlighting a steep decline in investor confidence. Given the continuous downward trajectory and bearish moving averages, the market sentiment appears negative, with no immediate catalysts to drive the price upward.

In conclusion, the current technical and fundamental analysis of WLD indicates a Sell rating. The combination of declining price momentum, bearish moving averages, and lack of positive news suggests that further downside may be likely in the short to medium term.