Renzo Restaked ETH (EZETH) is currently trading at $3,409.09, showing a slight decline of 0.48% over the past 24 hours. The daily price action has remained within a tight range of $63.27, with a high of $3,452.60 and a low of $3,389.33, indicating reduced volatility.

The trading volume is at 621,492, contributing to a volume-to-market cap ratio of 0.09%, which suggests relatively low trading activity compared to its overall market capitalization. The hourly moving averages show a bearish trend, with the 8 SMA at $3,432.36 and the 55 SMA indicating further weakness at $3,497.35.

Momentum indicators reveal that the 1-hour RSI is at 37, suggesting that the asset is approaching oversold conditions in the short term. In contrast, the 7-day RSI at 45 indicates a neutral stance, while the 14-day price change of -0.72% reflects a recent loss of bullish momentum.

Over the last 30 days, EZETH has shown a positive price change of 7.63%, indicating potential strength in the medium term despite recent fluctuations. However, the overall trend remains cautious, especially given the significant distance to its all-time high of $5,227.06 achieved in August 2025.

Considering the current technical indicators and price performance, EZETH is positioned in a bearish trend on the short-term moving averages and momentum oscillators. Therefore, the rating for Renzo Restaked ETH is a Hold, as there may be a potential for upward movement if support levels hold, but caution is advised given the current market conditions.