Compound (COMP) is currently trading at $30.09, reflecting a 24-hour change of 1.55%. The daily range has been relatively tight, with a high of $30.30 and a low of $29.33, indicating a volatility of 0.97% over the past day.

The trading volume stands at approximately 18.5 million, representing 6.38% of the market cap. The hourly moving averages suggest a bullish sentiment in the short term, with the 8 SMA at $29.96 showing a gain of 0.44%, while the 55 SMA reflects a stronger increase of 2.50%, indicating upward momentum.

The 1-hour RSI is at 68, which indicates that COMP may be approaching overbought territory, while the 7-day RSI at 47 suggests a more neutral stance over the past week. However, recent price changes reveal a downward trend, with the 7-day price change at -5.83%, 14-day at -8.47%, and 30-day at -22.14%, signaling bearish pressure in the longer term.

Considering the current price in relation to its all-time high of $910.54 achieved in May 2021, COMP has significant room for recovery, though it remains far from its peak. The current technical indicators reflect mixed signals; while short-term trends appear bullish, the longer-term declines warrant caution.

Given the recent bearish trends and the overbought short-term indicators, the recommendation for Compound (COMP) is to Hold. This stance allows for a wait-and-see approach as the market digests the recent gains while considering potential corrections in the near term.