Internet Computer (ICP) is currently priced at $2.72, reflecting a significant 24-hour decline of approximately 9%. The daily trading range remains tight, with a high of $2.99 and a low of $2.59, indicating a market that is struggling for direction amid increased selling pressure.

Volume over the last 24 hours stands at 144,838,305, with a volume-to-market cap ratio of 9.73%, suggesting a moderately active market but insufficient to absorb the selling pressure. The hourly moving averages present a bearish outlook, with the 55 SMA ($2.95) and 144 SMA ($3.14) trending downwards by 7.85% and 13.44%, respectively, indicating a loss of momentum in the short to medium term.

The 1-hour Relative Strength Index (RSI) is at 29, signaling an oversold condition and potential for a short-term rebound, but this is countered by the 7-day RSI at 40, which shows continued weakness. Additionally, the 7-day and 14-day price changes are down 21.16% and 32.65%, respectively, indicating a persistent downward trend over both short and medium time frames.

Given the current price levels and technical indicators, ICP is showing signs of weakness with resistance at $2.95 from the 55 SMA. Furthermore, the substantial drop from its all-time high of $700.65 emphasizes the long-term bearish sentiment and lack of recovery in the near term.

Based on the analysis of current price action, technical indicators, and momentum, the recommendation for Internet Computer (ICP) is to Sell. This rating is supported by the persistent downtrend, negative momentum signals, and lack of bullish reversal patterns in the near term.