Worldcoin (WLD) is currently priced at $0.493022, reflecting a slight decline of 1.0358% over the last 24 hours. The trading range has been between $0.484308 and $0.502543, indicating relatively low volatility given the daily range of just 0.018235%.

Volume stands at 57,054,177, translating to a volume/market cap ratio of 4.37%, which suggests a moderate level of trading activity relative to its market capitalization. The 1-hour RSI at 43 indicates potential bearish momentum, while the 7-day RSI at 47 shows that the asset is approaching oversold conditions.

Moving averages provide mixed signals; the 8-period SMA shows a slight bullish trend with a 0.53% increase, while the longer-term 144-period SMA indicates a bearish trend with a decline of 1.20%. This divergence suggests that the short-term bullish momentum may not be strong enough to reverse the longer-term downtrend observed over the past 30 days, which shows a decrease of nearly 25%.

The price has significantly fallen from its all-time high of $11.74, reached in March 2024, highlighting the extent of the current downtrend. The 14-day price change of -15.23% and the 7-day change of -5.20% further reinforce the bearish sentiment, indicating that sellers are currently dominating the market.

Given the current technical indicators, including the RSI and moving averages, alongside the recent price action, the outlook for Worldcoin remains bearish in the short to medium term. Therefore, the recommendation is to Hold, as the asset may present a buying opportunity if it stabilizes and shows signs of a reversal in momentum.