Starknet (STRK) is currently trading at $0.084412, showing a 4.63% increase over the past 24 hours. The daily trading range has been relatively narrow, with a high of $0.08473 and a low of $0.08068, indicating stable price action in the short term.

Trading volume stands at 53,321,054, contributing to a market cap volume ratio of 12.49%. This level of volume suggests healthy trading activity, reinforcing the price's upward momentum as it breaches short-term moving averages.

The hourly moving averages indicate bullish momentum, particularly the 55 SMA at $0.0799 which has increased by 5.65%. The RSI for the last hour is at 70, signaling that STRK may be overbought in the very short term, while the 7-day RSI at 49 indicates that the asset is approaching neutral territory.

In the past week, STRK has appreciated by 7.04%, but it remains significantly down 33.74% over the last month. This extended downturn suggests that while there is recent bullish activity, the overall trend still faces resistance from prior highs.

The all-time high for STRK is $4.41, reached in February 2024, which establishes a long-term resistance level that may weigh on the price in the future. Current price levels remain far below this high, indicating substantial potential for recovery if bullish momentum can be sustained.

Based on the current analysis, the recommendation is to Hold STRK. The recent upward movement is promising; however, the asset shows signs of potential overbought conditions and is still recovering from a longer-term downtrend. Monitoring the price action and volume closely will be essential for any future trading decisions.