Renzo Restaked ETH (EZETH) is currently priced at $3,134.88, reflecting a slight decline of 0.77% over the last 24 hours. The daily trading range has been relatively narrow, with a high of $3,166.59 and a low of $3,129.94, indicating low volatility in recent trading.

Volume has been measured at 104,515, equating to a volume-to-market cap ratio of 0.02%, suggesting limited trading activity relative to the market capitalization. The hourly moving averages are indicating downward momentum, with the 8 SMA at $3,152.24 and a loss of 0.55%, while the longer-term 144 SMA is showing a more significant decline of 2.63% at $3,219.62.

The 1-hour RSI is positioned at 32, which signals that the asset is nearing oversold territory, potentially indicating a short-term rebound could occur. In contrast, the 7-day RSI at 42 reflects a broader bearish trend, with the price having declined by 11.51% over the past week and 5.27% over the last 14 days.

Despite the historical all-time high of $5,227.06 achieved on August 24, 2025, current trends suggest a bearish outlook in the short to medium term. With the consistent downward pressure in both the short-term and longer-term moving averages, it appears that EZETH is struggling to gain upward momentum.

Given the current technical indicators, including the RSI levels and moving average trends, the recommendation is to Hold. While a short-term rebound may occur due to oversold conditions, the prevailing trend suggests further caution is warranted before considering a Buy position.