Compound (COMP) is currently trading at $31.14, reflecting a slight decline of 0.10% over the past 24 hours. The price has oscillated between a daily high of $31.85 and a low of $30.80, indicating a relatively narrow daily range of 1.05%.

The trading volume stands at 21,272,621, representing 7.07% of the market cap, which is indicative of moderate trading activity. The moving averages reveal bearish trends, with the 8 SMA at $31.59 down 1.43%, and the 144 SMA at $33.89 down 8.10%, suggesting continued downward pressure.

Short-term momentum is weak, as evidenced by the 1-hour RSI of 33, approaching oversold territory. The 7-day RSI at 46 indicates a neutral momentum, but the recent price changes of -3.03% over the last week and a decrease of 1.52% over the past month signal potential bearish sentiment.

Compound's long-term trend remains concerning, especially when compared to its all-time high of $910.54 from May 2021, highlighting the significant price depreciation over time. The recent 14-day price change of 7.45% shows a potential recovery phase, but the overall trend suggests caution.

Given the current data, the short-term indicators reflect a bearish sentiment with a lack of buying momentum. Therefore, the recommendation is to Hold, allowing for potential stabilization or reversal before making further investment decisions.