Starknet (STRK) is currently trading at $0.111086, reflecting a 24-hour decline of 1.28%. The daily price range has been tight, with a high of $0.115201 and a low of $0.109833, indicating a lack of volatility in the short term.

The trading volume over the past 24 hours is approximately 61 million STRK, contributing to a volume-to-market cap ratio of 11.39%. This suggests moderate interest in trading, yet insufficient to drive a significant price recovery given the current downtrend.

Moving averages indicate a bearish sentiment, with the 8, 13, and 21-period SMAs all showing negative percentages, and the 144 SMA significantly below the current price at $0.1181, indicating a potential resistance level. The 1-hour RSI is at 47, while the 7-day RSI is slightly lower at 46, suggesting a neutral market condition but approaching oversold territory.

On a longer-term basis, STRK has declined substantially, with price changes of -12.90% over 7 days, -29.38% over 14 days, and -27.74% over 30 days. These figures indicate a significant downward trend, which may deter potential buyers.

Given the substantial distance from its all-time high of $4.41, achieved on February 20, 2024, STRK is currently trading at a fraction of its peak value. This drastic decline, combined with the lack of upward momentum in both short and long-term indicators, suggests that further downside risks may persist.

In conclusion, STRK's current technical indicators and historical performance reveal a bearish outlook. Therefore, I recommend a Sell rating for Starknet (STRK) at this time, as the market shows no immediate signs of recovery and continued downward pressure is evident.