Compound (COMP) is currently priced at $26.63, reflecting a 2.19% increase over the last 24 hours. The daily price range has been relatively narrow, oscillating between a low of $25.83 and a high of $26.62, indicating stable trading activity.

Trading volume stands at 18,659,943, accounting for 7.25% of the market cap, which suggests a decent level of investor engagement. The hourly moving averages show a bullish trend, with the 8, 13, and 21 SMA all reporting positive gains, particularly the 21 SMA at +1.85%, which may indicate upward momentum.

The 1-hour RSI is at 62, indicating that COMP is approaching overbought territory, while the 7-day RSI sits at 49, suggesting a neutral short-term sentiment. Over the past week, COMP has seen a price decline of approximately 2.43%, but it has rebounded slightly in the last two weeks, with a 3.88% increase.

From a longer-term perspective, COMP has experienced a significant decline of around 9.37% over the past 30 days, reflecting ongoing bearish pressure. Despite this, the current price is well below its all-time high of $910.54, suggesting significant upside potential if market conditions improve.

Considering the technical indicators and recent price behavior, a cautious approach is warranted. The positive short-term momentum should be watched closely, but the longer-term downtrend indicates potential risks.

**Rating: Hold** - While there are short-term bullish signs, the longer-term bearish trend and declining momentum in the last 30 days warrant caution. Investors should monitor price movements closely for signs of sustained upward momentum before making any further commitments.