Internet Computer (ICP) is currently priced at $2.66, showing a 24-hour decline of approximately 2.89%. The daily trading range is narrow, with a high of $2.83 and a low of $2.62, indicating a lack of volatility and investor interest in the short term.

The volume stands at 75,218,592, representing 5.15% of the market cap, which is relatively low, suggesting that selling pressure is not significant enough to create substantial price movements. The hourly moving averages indicate a bearish trend, with the 8, 13, and 21 SMA showing declines between 0.71% and 1.29%, while the 144 SMA reflects a more pronounced drop of 7.80%, further confirming the downtrend.

Momentum indicators are also bearish, with the 1-hour RSI at 45 and the 7-day RSI at 40, both suggesting that the asset is nearing oversold conditions but lacks strong bullish momentum. The recent price changes over the 7-day, 14-day, and 30-day periods are concerning, with declines of 17.61%, 28.65%, and 17.38%, respectively, indicating persistent weakness in price performance.

Given the significant drop from its all-time high of $700.65 and the overall trend showing consistent downward pressure, caution is advised. The combination of low volume, negative price changes, and bearish moving averages suggests that ICP is not in a favorable position for immediate recovery.

Overall, the current market conditions do not support a bullish outlook for ICP in the short term. Therefore, I recommend a Sell rating due to the bearish trend, weak volume, and negative momentum indicators.