Internet Computer (ICP) is currently trading at $3.29, reflecting a significant decline of 6.42% over the past 24 hours. The daily trading range has been tight, with a high of $3.61 and a low matching the current price, indicating a lack of volatility and potential selling pressure.

The volume of 97,066,830 is relatively moderate, constituting 5.43% of the market cap, suggesting that while trading activity exists, it is not robust enough to indicate strong market interest at this price level. The hourly moving averages show a consistent downward trend, with the 8 SMA at $3.38 down 2.66% and the 55 SMA at $3.49 down 5.63%, indicating bearish momentum over short to mid-term periods.

The 1-hour RSI is at 17, which is well into the oversold territory, suggesting that there may be a potential for a short-term reversal. However, the 7-day RSI at 45 indicates that the asset is neither overbought nor oversold, reflecting a cautious market sentiment with a lack of significant buying pressure over the week.

From a longer-term perspective, the 7-day price change is down 13.38%, and the 30-day change shows an alarming drop of 47.93%. Given the historical context, ICP is far from its all-time high of $700.65, reached in May 2021, suggesting substantial downward pressure and a lack of recovery indicators.

In conclusion, the current technical indicators and price action suggest a continued bearish trend, with no clear signs of immediate recovery. Therefore, the rating for ICP is a Sell, as the price action and technical indicators reflect significant weakness and the potential for further declines in the near term.