Renzo Restaked ETH (EZETH) is currently priced at $2,903.60, reflecting a 3.73% decline over the past 24 hours. The daily trading range has been relatively tight, with a low of $2,889.62 and a high of $3,023.58, indicating a volatility of 133.96%.

The volume of 545,128 suggests moderate trading activity, but the volume-to-market cap ratio of 0.09% indicates a lack of strong investor interest at this price level. Current hourly moving averages show a bearish trend, with the 8 SMA at $2,926.50 down 0.78% and the 144 SMA significantly lower at $3,118.81, down 6.90%, reinforcing the downward momentum.

The 1-hour RSI of 31 suggests that EZETH is approaching oversold conditions, while the 7-day RSI of 43 indicates a lack of buying pressure in the short term. Additionally, the 7-day price change of -8.42% and 14-day change of -16.72% reflect ongoing bearish sentiment.

In the context of longer-term performance, EZETH has seen a 30-day price decrease of 8.77%, which adds to the bearish outlook. Furthermore, the all-time high of $5,227.06 reached in August 2025 emphasizes the potential for recovery, but current technical indicators suggest further downside risk before any potential rebound.

Given the current price action, bearish moving averages, and declining RSI values, a Sell rating is warranted at this time. Traders should consider exiting positions to avoid further losses until clearer bullish signals emerge.