Telcoin (TEL) is currently priced at $0.00357779, reflecting a 24-hour decline of 2.69%. The price has fluctuated between a high of $0.00373294 and a low of $0.00357212 within the last 24 hours, indicating a narrow daily trading range of 0.00016082.

The trading volume stands at 1,259,022 TEL, with a volume-to-market cap ratio of 0.37%. This relatively low volume suggests limited market interest, which may contribute to the price's downward movement and overall volatility.

Moving averages indicate a bearish sentiment, with the 8, 13, 21, and 55-hour simple moving averages (SMA) all showing negative percentages. The 144-hour SMA is also down by 3.05%, reinforcing the trend of declining prices over both short and medium time frames.

The 1-hour Relative Strength Index (RSI) is at 26, indicating that the asset is in oversold territory, while the 7-day RSI at 43 suggests a lack of upward momentum in the market. Over the past week, the price has declined by approximately 13%, and the trend has been similarly negative over the past 14 and 30 days, with changes of -8.28% and -12.83%, respectively.

Given the persistent downward trend and bearish indicators across various timeframes, the market sentiment remains weak. The current price is significantly lower than its all-time high of $0.064483 reached in May 2021, suggesting that there is substantial resistance above current levels.

Based on the technical indicators, moving averages, and RSI readings, the recommendation for Telcoin (TEL) is to Hold. This stance is due to the oversold condition reflected by the RSI, which could signal a potential price correction in the near term. However, the overall bearish trend necessitates caution before making any aggressive buying moves.