Renzo Restaked ETH (EZETH) is currently priced at $3,128.81, reflecting a 24-hour decline of 1.97%. The price has fluctuated within a daily range of $90.57, with a 24-hour high of $3,193.08 and a low of $3,102.51, indicating moderate volatility.

The trading volume stands at 314,073 with a volume-to-market cap ratio of 0.05%, suggesting limited market activity relative to its capitalization. Moving averages reveal short-term bearish momentum, with the 8 SMA at $3,149.63 showing a decrease of 0.66%, while the 55 SMA at $3,193.77 is down 2.03%, indicating potential resistance levels above the current price.

The 1-hour RSI is at 44, indicating a slightly bearish trend in the short term, while the 7-day RSI of 53 suggests a neutral position overall. The recent price changes illustrate a downward trend over 14 days (-11.15%), but a positive shift over the past 30 days (+5.13%) reflects some recovery potential.

Despite the recent price decline, the proximity to the support levels and the overall market context may provide a basis for a potential rebound. Given the current technical indicators and market conditions, a Hold rating is warranted, as there may be short-term bearish pressure, but the longer-term outlook shows signs of recovery potential if momentum shifts positively.