Internet Computer (ICP) is currently priced at $3.35, reflecting a significant decline of 7.38% over the last 24 hours. The daily range has been tight, with a high of $3.62 and a low matching the current price, indicating a lack of volatility and investor interest in the short term.

Trading volume stands at approximately 95.15 million, accounting for 5.22% of the market cap, which suggests a moderate level of trading activity but not enough to spur upward momentum. The moving averages indicate consistent downward pressure, with all relevant short-term and medium-term SMAs showing declines ranging from 4.18% to 4.87%.

The 1-hour RSI is at 29, signaling that ICP is in oversold territory, which might suggest a potential rebound in the very short term. However, the 7-day RSI at 46 indicates that momentum is still weak, and there is a broader trend of declining prices as evidenced by a 7-day price change of -10.83% and a 30-day price change of -50.18%.

Given that ICP is trading significantly below its all-time high of $700.65, the long-term outlook remains bearish, especially considering the recent price declines over various time frames. The fundamental factors contributing to this persistent downtrend are not improving, which raises concerns about the overall market sentiment towards ICP.

Based on the current technical indicators, ICP does not exhibit the necessary strength for a bullish reversal in the near term, and the risks outweigh the potential rewards. Therefore, the recommendation is to Sell ICP at this time, as there is insufficient evidence to support a turnaround in price or momentum in the immediate future.