Starknet (STRK) is currently trading at $0.132455, reflecting a 24-hour decline of 2.63%. The daily price range shows a low of $0.130415 and a high of $0.138725, indicating minimal volatility with a daily range of just 0.00831%.

Volume stands at approximately 70.4 million, representing 11.66% of the market cap, which suggests a healthy level of trading activity relative to its overall market value. The hourly moving averages indicate a bearish trend, with all significant SMAs showing negative changes, particularly the 55 SMA at $0.1389 with a drop of 4.62%.

The 1-hour RSI at 19 signifies a strong oversold condition, which often precedes a potential rebound. Conversely, the 7-day RSI at 48 suggests a neutral trend, while the 7-day and 14-day price changes of -15.12% and -42.08%, respectively, indicate a significant downtrend over these periods.

Despite a recent 30-day price increase of 20.96%, the overall momentum is currently negative, and the market sentiment appears cautious. The all-time high of $4.41 achieved earlier this year underscores the potential upside, but the current technical indicators suggest that STRK is facing significant resistance in recovering from its recent declines.

Given the current bearish trend, lack of upward momentum, and oversold RSI indicating potential for a short-term correction, I recommend a Hold rating on STRK. Investors should monitor for signs of stabilization before considering new positions, as the market remains volatile with significant downward pressure.