Lido Staked Ether (STETH) is currently trading at $3,140.67, reflecting a 3.51% increase over the last 24 hours. The daily price range has been significant, with a low of $2,937.85 and a high of $3,168.27, indicating notable volatility in the market.

Volume stands at 36,645,176, with a volume-to-market cap ratio of 0.13%, suggesting relatively low trading activity compared to its overall market capitalization. The 1-hour RSI is at 65, indicating that the asset is nearing overbought territory, while the 7-day RSI at 53 suggests a more neutral trend over the past week.

Short-term moving averages are showing positive momentum, with the 8 SMA at $3,135.47 and a minor increase of 0.17%. The 21 SMA has demonstrated a stronger upward trend, reflecting a 1.41% rise at $3,096.90, which may indicate bullish sentiment in the immediate term.

In the last 30 days, STETH has experienced a price decline of approximately 7.71%, contrasting sharply with a 10.68% increase over the last week. This divergence suggests a potential reversal in trend, supported by recent upward movements and the positive shift in short-term moving averages.

With the all-time high at $4,932.89 recorded in August 2025, STETH still has substantial room for growth relative to its current price. Given the current upward price momentum and improving short-term indicators, coupled with a relatively stable RSI, the market sentiment appears favorable.

Considering the technical indicators and recent price action, a Buy rating is appropriate for STETH. The combination of rising short-term averages and a rebound from lower levels suggests that investors may capitalize on this upward trend while being mindful of potential volatility.