Internet Computer (ICP) is currently priced at $4.08, reflecting a modest 24-hour change of 1.29%. The daily trading range has been narrow, between $3.99 and $4.13, indicating low volatility in the short term, with a volume of approximately 98 million and a volume-to-market cap ratio of 4.46%.

Technical indicators show that the hourly moving averages are generally bullish, with the 8 SMA and 13 SMA both exhibiting positive changes, though the longer 55 SMA and 144 SMA are trending downwards. The 1-hour RSI stands at 43, suggesting that ICP is nearing oversold conditions, while the 7-day RSI at 50 indicates a neutral momentum over the past week, but a significant decline of approximately 4.85% over the last seven days raises caution.

Fundamentally, ICP's price is significantly below its all-time high of $700.65, reflecting ongoing challenges in reclaiming previous highs. The 14-day price change shows a steep decline of approximately 24.16%, suggesting negative sentiment and possible profit-taking pressure in the market.

Given the current price action, technical indicators, and fundamental outlook, ICP is facing resistance in the short term. However, the recent upward movement from the lows and the relatively high volume indicate potential for a bounce if market conditions improve.

Recommendation: Hold. The near-term volatility and resistance levels suggest waiting for clearer bullish signals before considering an entry, while existing holders may want to monitor for further signs of recovery in sentiment.