Fluid (FLUID) is currently trading at $6.16, reflecting a 24-hour decline of 7.15%. The asset has experienced a daily range between $6.10 and $6.67, indicating a volatile trading environment with a relatively low daily range of 0.57%.

The trading volume stands at approximately 8.93 million, with a volume-to-market cap ratio of 1.89%, suggesting moderate trading activity relative to its market capitalization. Short-term moving averages indicate bearish momentum, with the 8 SMA at $6.15 gaining slightly, while the 13 SMA at $6.20 and the 21 SMA at $6.30 show declines of 0.70% and 2.16% respectively.

The 1-hour RSI is at 37, indicating that FLUID is approaching oversold conditions, while the 7-day RSI of 48 suggests that it is in a neutral zone. Over the past week, the price has shown a minor increase of 0.28%, contrasting with a more substantial rise of 9.58% over the past 14 days, indicating short-term volatility.

Despite the recent downturn, FLUID's longer-term performance remains relatively stable with a 30-day price increase of 5.68%. The all-time high of $24.40, reached in June 2021, signifies substantial room for potential appreciation if market conditions improve.

In conclusion, the bearish trend indicated by moving averages and the recent price drop suggests caution. However, the low RSI signals potential for a bounce-back, making this an opportune moment for potential buyers looking for a short-term recovery. Given the current data and market conditions, I rate FLUID as a Hold, as investors should monitor for signs of stabilization before considering a buy or sell action.