Internet Computer (ICP) is currently trading at $2.95, reflecting a 24-hour decline of 2.66%. The asset has experienced a daily range of only 0.17%, indicating low volatility, with a high of $3.12 and a low matching the current price.

Volume stands at approximately 71 million, equating to a volume-to-market cap ratio of 4.40%. This suggests a moderate trading activity relative to its market capitalization, which could imply lower liquidity and increased susceptibility to price fluctuations.

The short-term moving averages are bearish, with the 8 SMA at $3.00 showing a decline of 1.58%, while the longer-term 55 SMA is at $3.06 with a drop of 3.50%. This downward trend across the moving averages indicates a lack of momentum and selling pressure in the market.

The 1-hour RSI is critically low at 23, signaling oversold conditions, while the 7-day RSI at 49 reflects a neutral sentiment. However, the 7-day price change of -4.14% and the 30-day price change of -25.51% indicate a persistent downtrend, suggesting that bearish sentiment is prevailing.

Despite the drastic drop from its all-time high of $700.65, ICP has not established a solid support level at its current price. The prolonged negative price action and deteriorating moving averages suggest that caution is warranted, as there is no immediate sign of reversal.

Given the current bearish indicators, ICP is rated as a Sell. The combination of declining moving averages, low RSI values, and ongoing negative price changes points towards continued weakness in the asset, making it inadvisable to hold or buy at this time.