Helium (HNT) is currently trading at $3.27, reflecting a 24-hour decline of 2.09%. The price has fluctuated between a high of $3.37 and a low of $3.25 over the same period, indicating relatively low volatility with a daily range of just 0.12%.

Trading volume stands at approximately 9.07 million, translating to a volume-to-market cap ratio of 1.51%. This suggests moderate trading activity, but the overall market sentiment remains bearish, as indicated by the 7-day RSI of 44, which is close to the oversold territory.

The moving averages show a bearish trend, with the 8 SMA slightly positive at $3.27, while the longer-term SMAs are declining, particularly the 144 SMA at $3.39 which has dropped 3.60%. This divergence in short-term and long-term indicators points to a lack of momentum for a bullish reversal in the near term.

Recent price changes further confirm the bearish outlook; HNT has declined 20.87% over the past week and 16.23% over the last two weeks. With the all-time high at $54.88 reached in November 2021, the current price represents a significant retracement, indicating a loss of market confidence in HNT.

Considering the technical indicators and recent performance, the recommendation for HNT is to Hold. While there is potential for recovery, the current bearish trend and lack of strong buying signals suggest that investors should wait for clearer signs of stabilization or a reversal before making any new positions.