Renzo Restaked ETH (EZETH) is currently priced at $3,204.64, exhibiting a 24-hour change of 2.01%. The daily trading range of $92.91 indicates heightened volatility, with the price oscillating between a high of $3,194.68 and a low of $3,101.77.

Trading volume stands at 239,549, which represents a relatively low volatility-to-market cap ratio of 0.03%. The hourly moving averages reflect a bullish short-term sentiment with the 8 SMA at $3,143.89 and 13 SMA at $3,149.69 both showing upward trends, while the 144 SMA at $3,328.67 indicates a potential resistance level.

The 1-hour RSI is positioned at 62, suggesting a bullish short-term momentum. However, the 7-day RSI of 41 indicates that the asset is nearing oversold territory, reflecting a bearish trend over the past week with a price drop of 8.08%.

In the context of longer-term performance, EZETH shows a 14-day price change of -3.35% and a modest 30-day change of 2.76%. This mixed performance suggests that while there is some recovery over the past month, the overall trend has been bearish recently.

Despite the positive 24-hour change, the asset's inability to regain levels closer to its all-time high of $5,227.06, set on August 24, 2025, remains concerning. The prevailing resistance at the 144 SMA indicates that EZETH might struggle to break through this level in the short term.

Given the mixed signals from the RSI indicators and moving averages, coupled with recent bearish trends, a cautious approach is warranted. The recommendation is to Hold, as the potential for short-term gains exists, but significant resistance levels and longer-term bearish indicators suggest waiting for clearer signals before making additional investments.