IOTA is currently trading at $0.080471, reflecting a 24-hour decline of 4.42%. The price has oscillated between a daily high of $0.08419 and a low of $0.078252, indicating a relatively narrow daily range of 0.005938%.

Volume stands at 18,497,800, contributing to a volume-to-market cap ratio of 5.39%. The hourly moving averages show mixed signals, with the 8 SMA at $0.0804 indicating slight upward movement, while the longer-term SMAs (55 SMA at $0.0841 and 144 SMA at $0.0853) exhibit downward trends, suggesting bearish sentiment.

The 1-hour RSI is at 48, indicating a neutral momentum, while the 7-day RSI at 44 suggests slight oversold conditions. Over the past week, IOTA has seen a price decline of 8.11%, and over the past 14 days, this figure deepens to 17.03%, reflecting a bearish trend.

IOTA's price has not significantly recovered over the past 30 days, with a minor decline of 3.26%. The all-time high of $5.25 reached in December 2017 remains a distant target, emphasizing the substantial loss in value since then.

Given the current technical indicators and recent price actions, the market sentiment appears bearish. The price is below key moving averages, and the recent decline in RSI suggests a lack of buying momentum.

Rating: Sell. The consistent downtrend in both short and medium-term price changes, coupled with negative momentum indicators, implies further downside risk in the near term.