Worldcoin (WLD) is currently priced at $0.396925, reflecting a 3.05% decline over the last 24 hours. The asset's trading range during this period was between a low of $0.39054 and a high of $0.421872, indicating volatility but a general downward trend.

Volume stands at 168,319,021, which accounts for 15.12% of the market cap, suggesting active trading but with potential downward pressure on price due to recent selling. The hourly moving averages reveal a bearish sentiment, with the 8 SMA at $0.4012 showing a decline of 1.07%, and the 13 SMA at $0.4029 down 1.48%, both indicating continued selling momentum.

The 1-hour RSI of 43 suggests the asset is nearing oversold territory, while the 7-day RSI of 50 indicates a neutral position. However, the negative price changes over the 7-day (-4.15%), 14-day (-15.60%), and 30-day (-32.33%) periods highlight a significant bearish trend that cannot be ignored.

Despite the all-time high of $11.74 reached earlier in March 2024, the current market sentiment indicates a lack of buying strength at these price levels. The combination of declining moving averages, negative RSI indicators, and recent price trends suggests a challenging environment for buyers.

Given the current data and sentiment surrounding Worldcoin, a Sell rating is warranted. The consistent downward pressure and lack of bullish signals indicate that holding or buying at this time could lead to further losses.