Compound (COMP) is currently trading at $30.86, reflecting a slight decline of 0.09495% over the past 24 hours. The daily price range has been relatively stable, with a high of $31.34 and a low of $30.19, indicating limited volatility in the short term.

The trading volume stands at approximately $23,982,273, which represents 8.02% of the market cap. This volume is a crucial indicator of liquidity, suggesting that trading activity is healthy but not exceptionally high, which could impact price movements.

In terms of moving averages, the 8-hour SMA is at $31.14, showing a downward trend of 0.89%, while the 13-hour and 21-hour SMAs are $30.90 and $30.81, respectively, indicating slight bearish sentiment. The longer-term 144-hour SMA at $32.99 is significantly lower by 6.44%, which reflects a more pronounced bearish outlook over that timeframe.

The 1-hour RSI is at 59, indicating that COMP is nearing overbought conditions, while the 7-day RSI at 41 suggests that the asset may be undervalued in the medium term. The 7-day price change shows a decline of 13.47%, which highlights recent bearish pressure, contrasting with a modest 14-day increase of 7.66%, suggesting a potential for recovery.

Despite the all-time high of $910.54 reached in May 2021, COMP has faced significant downtrends over the past month, losing about 10.02% in price. The current price positioning indicates a critical support level around $30, which if breached could lead to further declines.

Given the current technical indicators and price action, the sentiment appears to be bearish in the short to medium term, with potential for stabilization if it holds above the support level. Therefore, the rating for Compound (COMP) is a Hold, as investors should monitor for signs of a reversal or further deterioration before making new positions.