Worldcoin (WLD) is currently priced at $0.380552, showing a modest 1.29577% increase over the past 24 hours. The trading volume stands at approximately $71.86 million, indicating a Vol/Market Cap ratio of 6.67%, which suggests healthy trading activity relative to its market capitalization.

The 24-hour trading range has been between $0.37308 and $0.394132, reflecting a daily range of 0.021052%. Technical indicators reveal mixed signals; while the 8-hour SMA is slightly bullish at +0.84%, longer moving averages, such as the 144-hour SMA, are bearish at -1.37%, indicating potential resistance levels ahead.

The 1-hour RSI is at 37, suggesting that WLD is nearing oversold territory, while the 7-day RSI at 46 indicates a lack of strong momentum in either direction. Price changes over various time frames show an 8.73% increase over the last week, but a notable 38.10% decline over the last 30 days, highlighting significant volatility and recent downward pressure.

Given the significant distance from its all-time high of $11.74, reached in March 2024, WLD has substantial room for recovery, but current price action indicates resistance levels that need to be breached for sustained upward movement. The combination of bearish longer-term moving averages and mixed RSI readings suggests a cautious approach is warranted.

In conclusion, the current market conditions and technical indicators lead to a Hold rating for Worldcoin (WLD). While short-term momentum appears slightly positive, the longer-term trends remain concerning, and investors should monitor for a clearer bullish signal before considering a Buy.