Starknet (STRK) is currently priced at $0.085937, reflecting a 6.16% increase over the past 24 hours. The daily trading range shows a low of $0.080645 and a high of $0.087572, indicating increased volatility and trading activity with a volume of approximately 56.2 million.

The hourly moving averages suggest a bullish trend with the 8 SMA at $0.0858 showing a slight uptick of 0.18%, while the 55 SMA indicates a more significant increase of 4.35%. The 1-hour RSI is elevated at 73, suggesting that STRK may be overbought in the short term, which could lead to a potential pullback.

In contrast, the 7-day RSI at 49 indicates that the asset is neither overbought nor oversold, providing a more balanced view of its medium-term momentum. However, the 7-day price change is down 5.50%, and the 30-day change shows a more substantial decline of 16.10%, reflecting recent bearish pressures that could weigh on price action.

The all-time high for STRK stands at $4.41, achieved earlier this year, indicating significant potential upside if the market regains bullish sentiment. Given the recent price action, the current levels remain significantly below this peak, suggesting room for growth if bullish momentum can be sustained.

Taking into account the current price action, volume, and technical indicators, I recommend a Hold rating for STRK. This is based on the short-term bullish signals against the backdrop of recent declines and potential overbought conditions, indicating that while upward momentum is present, caution is warranted before entering new positions.