Starknet (STRK) is currently trading at $0.118801, reflecting a significant 24-hour decline of 6.79%. The price has oscillated between a high of $0.131319 and a low of $0.117837 within the last day, indicating a relatively tight daily range of 0.013482%, which may suggest market indecision.

The trading volume over the last 24 hours stands at approximately 46.66 million, contributing to a volume-to-market cap ratio of 9.10%. The hourly moving averages show bearish momentum, with the 8 SMA at $0.1242 (-4.32%) and the 55 SMA at $0.1273 (-6.64%), indicating a consistent downward trend over short and medium time frames.

The Relative Strength Index (RSI) for the past hour is at 26, suggesting that the asset is oversold, while the 7-day RSI is at 43, reflecting bearish sentiment without yet indicating strong oversold conditions. The price has fallen significantly over the last week (-27.49%) and 14 days (-24.13%), highlighting sustained downward pressure that could further impact investor confidence.

Starknet's all-time high of $4.41, achieved on February 20, 2024, underscores the potential for future price appreciation; however, current market conditions are starkly different, with the current price significantly below that level. The ongoing negative price changes across multiple time frames indicate a lack of bullish momentum, which could lead to further declines if market sentiment does not improve.

Based on the current technical indicators and the significant downward trends in both price and RSI, I recommend a Sell rating for Starknet (STRK). The combination of oversold conditions, persistent bearish momentum, and recent price action suggests that further losses are likely before any potential recovery materializes.