Starknet (STRK) is currently trading at $0.10571, reflecting a significant 24-hour decline of approximately 7.05%. The price has fluctuated between a high of $0.113723 and a low of $0.105165 within the past 24 hours, indicating a daily range of about 0.008558%.

The trading volume stands at 78,412,078, representing a volume-to-market cap ratio of 15.45%, suggesting moderate trading activity relative to its market capitalization. Short-term moving averages are showing a consistent downtrend, with the 8 SMA at $0.1105 indicating a drop of 4.32%, while longer-term SMAs also indicate continued selling pressure, with the 144 SMA at $0.1120 down 5.63%.

The 1-hour RSI is currently at 34, indicating oversold conditions and potential short-term recovery, while the 7-day RSI at 44 suggests that the asset is nearing oversold territory but is not yet at a buy signal. Over the past week, STRK has experienced a price decline of 16.19%, and the 14-day and 30-day price changes of -30.88% and -35.15% respectively highlight a bearish trend.

Given the significant price drop from the all-time high of $4.41 in February 2024, current levels represent a substantial retracement. However, the oversold signals from RSI metrics may provide a bounce-back opportunity for traders in the short term.

In conclusion, the combination of recent price action, bearish moving averages, and oversold RSI suggests caution. The recommendation is to Hold STRK, as there may be potential for a rebound but the overall trend remains negative, warranting a wait-and-see approach before considering additional positions.