Worldcoin (WLD) is currently trading at $0.5426, reflecting a 2.42% decline over the past 24 hours. The price has experienced a daily range between $0.5392 and $0.5579, indicating relatively low volatility with a daily range of just 0.0187%.

The trading volume stands at approximately $63.59 million, which corresponds to a volume-to-market cap ratio of 4.28%. Short-term moving averages indicate a bearish trend, with the 8 SMA at $0.5439 showing a slight decrease of 0.23%, while longer averages like the 144 SMA at $0.5729 reveal a more substantial drop of 5.30%.

The 1-hour RSI is at a critically low level of 25, signaling strong oversold conditions, while the 7-day RSI sits at 47, indicating neutrality. Over the last week, WLD has decreased by about 5.08%, and the 14-day change reflects a more considerable decline of 9.83%.

In the context of the broader market, the all-time high for WLD remains significantly distant at $11.74, achieved on March 10, 2024. The current price levels suggest that while there may be potential for recovery, the technical indicators lean towards continued bearish momentum in the short term.

Given the low RSI, potential for a corrective bounce exists, but the prevailing trend remains downward. Consequently, the recommendation is to Hold WLD at this time, allowing for potential stabilization or signs of reversal before considering any buy action.