Kelp DAO Restaked ETH (RSETH) is currently priced at $3,129.93, reflecting a significant decline of 7.75% over the past 24 hours. The asset has experienced considerable volatility, with a daily range of 271.08%, reaching a high of $3,392.87 and a low of $3,121.79 during this period.

Trading volume stands at 193,856, representing a low 0.01% of its market cap, indicating relatively thin market activity. The moving averages reveal a bearish trend, with the 8-period SMA at $3,250.48, suggesting resistance near this level, while longer-term SMAs indicate a downtrend, with the 144 SMA at $3,474.06 showing a decline of 9.91%.

The Relative Strength Index (RSI) data reflects a bearish momentum, with the 1-hour RSI at an extremely low 11, indicating oversold conditions. The 7-day RSI of 36 is also close to the oversold threshold, reinforcing the downward pressure with a 7-day price change of -11.28%.

From a broader perspective, RSETH has witnessed a 14-day price change of -9.93% and a 30-day change of -0.74%, indicating sustained downward movement. The all-time high of $5,190.42, reached on August 24, 2025, remains a significant benchmark, but the current price reflects a substantial drawdown from this peak.

Given the technical indicators and the current market conditions, the asset shows signs of strong bearish momentum. Therefore, the recommendation for Kelp DAO Restaked ETH (RSETH) is to Sell, as further declines are anticipated in the short term, supported by both the moving averages and RSI metrics indicating weak buying interest.