Compound (COMP) is currently priced at $28.72, exhibiting a slight decline of 0.94% over the past 24 hours. The daily trading range has been relatively narrow, with a high of $29.15 and a low of $28.38, indicating limited volatility in the short term.

Volume stands at 14,635,820, representing 5.29% of the market cap, which suggests moderate trading activity. The technical indicators reveal that the 1-hour RSI is at 53, reflecting neutral momentum, while the 7-day RSI at 45 indicates a slightly oversold condition, potentially suggesting the price could stabilize soon.

Moving averages paint a mixed picture, with the 8 SMA and 13 SMA showing slight upward momentum, while the 21 SMA is nearly flat. However, the longer-term SMAs (55 and 144) are trending downwards, highlighting significant bearish pressure over the past few weeks, particularly with 30-day price change at -22.44%.

Fundamentally, Compound's price is still far from its all-time high of $910.54 reached in May 2021, reflecting a bearish long-term trend. The recent price declines over the last 7 and 14 days (around 13% and 15%, respectively) indicate that selling pressure remains, possibly due to broader market conditions or lack of investor confidence.

Considering the current technical and fundamental indicators, Compound appears to be in a consolidation phase with potential for short-term recovery. However, the prevailing downtrend and weaker longer-term SMAs suggest caution.

Given the data, the recommendation for COMP is to Hold. This allows for potential upside as momentum indicators stabilize, while remaining mindful of the significant bearish trends that could persist.