Helium (HNT) is currently priced at $2.29, reflecting a 24-hour change of -5.40%. The price has seen a daily range between $2.29 and $2.42, indicating limited volatility, and trading volume stands at approximately 7.39 million, with a volume-to-market cap ratio of 1.73%.

The moving averages indicate a bearish trend, with the 8 SMA at $2.36 showing a decline of 2.78%, while the 55 SMA is at $2.43, down 5.91%. Additionally, the 1-hour RSI is critically low at 22, suggesting oversold conditions, while the 7-day RSI at 48 shows the asset is nearing neutral territory.

Over the past week, HNT has gained approximately 5.01%, but this is overshadowed by a 14-day price change of -5.26%. The longer-term outlook over the past 30 days shows a modest increase of about 1.94%, highlighting a lack of sustained upward momentum.

Considering the significant disparity between the current price and its all-time high of $54.88 reached in November 2021, HNT remains in a prolonged downtrend. With weak momentum indicators and bearish moving averages, the current technical setup does not support a bullish outlook.

In summary, while the low RSI suggests a potential bounce, the overall market conditions and downward price trends indicate continued weakness. Based on this analysis, a Sell rating is warranted due to the lack of clear bullish signals and the prevailing negative momentum.