Worldcoin (WLD) is currently priced at $0.639126, reflecting a 0.78873% increase over the past 24 hours. The daily range has been relatively tight, with a high of $0.639404 and a low of $0.624602, indicating limited volatility in the short term.

The trading volume stands at approximately 75 million, contributing to a volume-to-market cap ratio of 4.96%. This level of activity suggests moderate interest among traders but may not yet indicate strong upward momentum, especially considering the recent price trends.

Short-term moving averages are showing a bullish inclination, with the 8 SMA at $0.6317 up by 1.17% and the 13 SMA at $0.6306 up by 1.35%. However, longer-term moving averages, such as the 144 SMA, are showing a slight decline of 0.27%, hinting at potential resistance around the current price levels.

The 1-hour RSI is at 62, suggesting that WLD is nearing overbought territory, while the 7-day RSI remains neutral at 50. The 7-day price change is positive at 4.46%, but the 14-day and 30-day changes indicate some bearish pressure, with declines of 3.17% and 19.58%, respectively.

Despite the recent uptick, WLD's current price is significantly lower than its all-time high of $11.74, achieved in March 2024. This substantial gap implies that there is considerable room for recovery, but it also underscores the potential for continued volatility as the asset seeks to establish a new support level.

Based on this analysis, the current market conditions and technical indicators suggest a Hold rating for Worldcoin (WLD). While short-term indicators are favorable, the longer-term trend remains bearish, and the price is still significantly below historical highs, indicating potential risks in pursuing aggressive positions at this stage.