Telcoin (TEL) is currently priced at $0.00292528, experiencing a significant decline of 8.92% over the last 24 hours. The price has oscillated between a high of $0.00322394 and a low of $0.00271271, indicating a daily range of $0.00051123, which reflects volatility in the market.

Volume stands at 4,178,734, resulting in a volume-to-market cap ratio of 1.50%. The hourly moving averages indicate bearish momentum, with the 8 SMA at $0.0028 showing a slight upward shift of 3.03%, while longer-term SMAs such as the 55 SMA at $0.0032 and 144 SMA at $0.0034 reveal downward trends of 7.74% and 15.00%, respectively.

The Relative Strength Index (RSI) readings are concerning, with the 1-hour RSI at 34 and the 7-day RSI at 40, both suggesting that TEL is approaching oversold territory. Moreover, the 7-day price change is down by 22.67%, and both the 14-day and 30-day price changes reflect ongoing bearish trends of approximately 20% and 25%, respectively.

The all-time high of $0.064483, reached on May 11, 2021, underscores the substantial distance the current price is from previous peaks. Given the persistent downward momentum, combined with low RSI values and a significant price drop over various time frames, market sentiment appears bearish.

Considering the technical indicators and market trends, the recommendation for Telcoin (TEL) is to Sell. The current price action and negative sentiment suggest that further declines are likely, and investors may benefit from liquidating positions rather than holding through this downturn.