First Digital USD (FDUSD) is currently trading at $0.999199, showing a modest 24-hour change of 0.02173%. The price has fluctuated between a 24-hour high of $0.999609 and a low of $0.998626, indicating a tight daily range of just 0.000983%.

Trading volume stands at approximately 85.3 million, contributing to a volume-to-market cap ratio of 21.59%. This level of activity suggests healthy liquidity, which is important for maintaining stability and minimizing volatility in the price.

Looking at the hourly moving averages, the 8 SMA is at $0.9993, slightly down by 0.01%, while the 21 SMA indicates a marginal increase of 0.01% at $0.9991. The upward trend in longer-term SMAs (55 SMA at $0.9990 and 144 SMA at $0.9988) further supports a bullish sentiment in the near term.

The 1-hour RSI is positioned at 59, suggesting a neutral but slightly bullish momentum, while the 7-day RSI at 52 indicates a stable price action over the past week. Furthermore, the 7-day price change shows a minimal increase of 0.00685%, but a more significant uptick of 0.1999% over the past 14 days reflects a gradual recovery trend.

Despite trading significantly below its all-time high of $1.15, reached in February 2025, FDUSD's current performance shows resilience within a narrow band. The overall price stability and the positive movement in moving averages suggest that the asset is consolidating before a potential breakout.

Based on the current technical indicators and the relatively stable price action, I recommend a Buy rating for FDUSD. The tight trading range, combined with positive moving averages and moderate RSI levels, indicate a favorable entry point for traders looking to capitalize on potential upward momentum.