Worldcoin (WLD) is currently priced at $0.658794, reflecting a slight decline of 0.18519% over the past 24 hours. The daily trading range has been minimal, between a high of $0.686717 and a low of $0.658326, indicating a lack of volatility and investor enthusiasm.

Volume stands at 128,967,933, translating to a volume-to-market cap ratio of 8.40%, which suggests that trading activity is relatively low compared to the overall market capitalization. The 1-hour RSI is at 37, indicating that the asset is approaching oversold conditions, while the 7-day RSI of 41 confirms this weakness, suggesting potential for a short-term rebound.

In terms of moving averages, the 8 SMA, 13 SMA, and 21 SMA are all below the current price, indicating downward momentum in the short term. The longer-term moving averages, particularly the 144 SMA at $0.7337, highlight a significant downtrend, as it is 10.21% higher than the current price.

Over the past week, WLD has experienced a price decline of approximately 19%, and the 14-day change is also negative at around 10.86%. The 30-day price change is even more concerning, with a drop of nearly 25%, indicating sustained bearish sentiment.

Despite its all-time high of $11.74 reached earlier this year, the significant price depreciation suggests a market correction or loss of interest from investors. The current technical indicators and historical performance highlight a persistent downtrend, which may deter new investors from entering the market.

Given the bearish trends, low trading volume, and negative momentum indicators, the recommendation is to Sell WLD. This decision is based on the technical data showing continued weakness and the absence of any immediate catalysts to reverse the trend.