Worldcoin (WLD) is currently trading at $0.6182, reflecting a 3.14% decline over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.6426 and a low of $0.6109, indicating some consolidation around the current price level.

Trading volume stands at 77,168,304, representing a 5.23% share of the market cap. This volume, coupled with a declining price, suggests potential bearish sentiment, as traders may be exiting positions following recent losses.

The short-term moving averages reveal a downward trend, with the 8 SMA at $0.6193 showing a decrease of 0.17%. The longer-term moving averages are also trending downwards, with the 55 SMA at $0.6319 down by 2.17%, confirming a bearish outlook in the near term.

The Relative Strength Index (RSI) shows a stark divergence between the 1-hour and 7-day metrics, with the 1-hour RSI at 25 indicating oversold conditions. In contrast, the 7-day RSI at 48 reflects a more neutral position, suggesting potential for a minor rebound if buying interest returns.

Price changes over various periods also show weakness, with the 7-day price down 3.51%, 14-day down 4.14%, and the 30-day down 13.79%. Such declines, particularly over the last month, indicate ongoing selling pressure that investors should be cautious of.

Given the current technical indicators and the prevailing bearish trend, the outlook for Worldcoin remains cautious. The price is approaching key support levels, but without clear signs of reversal or increased buying volume, the risk remains tilted toward further downside.

Based on this analysis, the rating for Worldcoin (WLD) is Sell. The combination of declining prices, bearish moving averages, and low RSI suggests that investors should consider exiting positions or avoiding new entries until a more favorable technical setup emerges.