Starknet (STRK) is currently priced at $0.080891, reflecting a 24-hour decline of 3.76%. The daily trading range has been tight, with a high of $0.088048 and a low of $0.080308, indicating subdued volatility in the short term.

The volume stands at approximately 53.92 million, with a volume-to-market cap ratio of 12.80%, suggesting decent liquidity but potentially lower interest among traders. The 1-hour RSI is at 36, indicating that STRK is approaching oversold territory, while the 7-day RSI at 49 suggests neutral momentum in the medium term.

Looking at moving averages, the 8, 13, 21, and 55-period SMAs are all showing declines of between 4.94% to 6.36%, reinforcing the current bearish trend. The longer-term indicators, such as the 14-day price change of -10.65%, signal a bearish outlook, while the 30-day change of -3.62% reflects a slight recovery phase.

Historically, STRK reached its all-time high of $4.41 on February 20, 2024, but it has since seen a significant downturn, reflecting a broader market trend for cryptocurrencies. This drastic drop from its all-time high highlights underlying weaknesses in market sentiment and potential challenges in regaining investor confidence.

Given the current price action and technical indicators, STRK is facing downward pressure with weak bullish signals. The combination of declining moving averages and an RSI indicating oversold conditions suggests that while a short-term rebound could occur, the overall trend remains bearish.

In conclusion, the analysis indicates a Sell rating for Starknet (STRK) at this time. The consistent downtrend in moving averages, coupled with a weak RSI and negative price changes over various time frames, supports this decision, highlighting the need for caution before considering any new positions.