Starknet (STRK) is currently priced at $0.117645, experiencing a significant 24-hour decline of 13.36%. The trading range has been tight, with a 24-hour high of $0.136095 and a low of $0.117096, indicating a bearish sentiment prevailing in the short term.

The volume stands at 111,718,180, representing 19.79% of the market cap, which suggests active trading despite the downward price movement. Technical indicators reflect weakness, with hourly moving averages showing consistent declines, particularly the 8 SMA at $0.1280 down by 8.10%, and the 55 SMA at $0.1350 down by 12.82%.

The 1-hour Relative Strength Index (RSI) is at an extremely low 14, indicating oversold conditions, while the 7-day RSI is at 42, suggesting a lack of strong bullish momentum. Additionally, the 7-day price change of -21.29% and a staggering 14-day decline of -47.12% further highlight the current bearish trend.

Although there has been a 30-day price increase of 13.46%, this is insufficient to offset recent losses, and the price remains significantly below its all-time high of $4.41. In summary, the combination of negative price action, poor RSI levels, and weak moving averages suggests that further downside could be imminent.

Given the current market dynamics and technical indicators, the recommendation is to Sell STRK. The substantial recent losses and ongoing bearish signals indicate that it may not be prudent to hold or buy at this time.