Worldcoin (WLD) is currently trading at $0.400127, reflecting a 24-hour decrease of 3.41%. The price has experienced a daily range of $0.023614, with a high of $0.414521 and a low of $0.390907, indicating moderate volatility within this period.

The trading volume stands at 84,400,138, contributing to a volume-to-market cap ratio of 7.34%. This relatively high volume suggests active trading, but the current price action indicates a lack of bullish momentum, as evidenced by the declining short-term moving averages.

The hourly moving averages show a bearish trend, with the 8 SMA at $0.4012 down by 0.27%, and the 13 SMA at $0.4041 down by 0.98%. In contrast, the 55 SMA shows a slight upward movement of 0.46%, indicating some potential for stabilization, though the overall trend remains negative.

The 1-hour RSI is at 38, which suggests that WLD is approaching oversold conditions, while the 7-day RSI at 52 indicates a neutral momentum. Recent price changes over 7 and 14 days reflect a gain of approximately 7.75% and 5.03%, respectively, but the 30-day price change reveals a significant loss of about 13.84%, highlighting the longer-term downward pressure.

Given the significant disparity between the current price and the all-time high of $11.74, WLD is underperforming substantially. The current price action, combined with bearish short-term indicators and a concerning long-term trend, points toward further downside risk.

In conclusion, the data suggests a cautious approach. The current bearish trend, combined with the lack of strong buying momentum, leads to a Sell rating, as a further decline seems likely in the short term.