Compound (COMP) is currently priced at $28.61, showing a slight 24-hour decline of 0.87%. The daily price has fluctuated between a low of $28.60 and a high of $29.18, indicating a daily range of 0.58%, which reflects low volatility in the current trading environment.

Volume stands at 13,116,791, representing 4.75% of the market cap, suggesting moderate trading activity. However, the downward trend in the price over the past 7 days (-10.13%), 14 days (-17.62%), and 30 days (-24.42%) indicates strong selling pressure and a bearish sentiment.

Technical indicators reveal that the hourly moving averages are trending lower, with the 8 SMA at $28.83 down 0.78% and the 144 SMA significantly higher at $30.33 down 5.67%. The 1-hour RSI at 33 signals that COMP is approaching oversold territory, while the 7-day RSI at 44 suggests that momentum is still weak but not yet in extreme conditions.

The all-time high of $910.54 from May 2021 serves as a stark contrast to current prices, illustrating the substantial depreciation COMP has experienced. This could imply that the asset is significantly undervalued in the long term, but current technical trends do not support a bullish reversal in the immediate term.

Given the persistent downward movement, low RSI readings, and a lack of bullish momentum, the recommendation for Compound (COMP) is a Sell. Short-term traders may find opportunities to capitalize on further price declines, while long-term investors should consider waiting for clearer signals of recovery before re-entering the market.