Internet Computer (ICP) is currently priced at $3.55, reflecting a significant decline of 10.86% over the past 24 hours. The daily trading range remains narrow, with a low of $3.55 and a high of $4.04, indicating a lack of volatility in the immediate market.

Trading volume stands at approximately 120.87 million, representing 6.28% of the market cap, suggesting moderate interest from investors. The hourly moving averages indicate a bearish trend, with the 8 SMA at $3.97 and the 21 SMA at $3.99, both down over 10%, signaling continued selling pressure.

The RSI metrics reveal an oversold condition, with the 1-hour RSI at 16, indicating extreme weakness in the short term. In contrast, the 7-day RSI at 43 points towards a neutral sentiment, but the recent price changes over 7 days (-14.47%) and 14 days (-28.45%) reflect ongoing bearish momentum.

ICP's performance over the last 30 days shows a modest increase of 16.50%, suggesting that it may have been experiencing a short-term recovery prior to the recent downturn. However, this recovery has not offset the broader bearish trend evident over longer periods, particularly given the stark difference from its all-time high of $700.65.

Given the current technical indicators, including the significant decline in price and bearish moving averages, along with an oversold RSI, it appears that ICP may continue to face downward pressure in the short term. Therefore, the recommendation for Internet Computer (ICP) is to sell, as current market conditions suggest a lack of upward momentum and potential for further losses.