Starknet (STRK) is currently priced at $0.114111, reflecting a 3.31% increase over the past 24 hours. The price movement has stayed within a daily range of $0.012236, with a high of $0.118676 and a low of $0.10644, indicating volatility in the short-term trading environment.

The trading volume stands at 80,276,772, which translates to a volume-to-market cap ratio of 14.69%. The recent bullish momentum, as indicated by the hourly moving averages where shorter-term SMAs (8, 13, and 21) show positive percentages, suggests a short-term upward trend, although the 144 SMA indicates slight bearish pressure.

The 1-hour RSI is at 63, suggesting that STRK is nearing overbought territory, while the 7-day RSI at 44 indicates it is approaching the oversold threshold. This divergence suggests potential for short-term price correction, especially with the longer-term trends showing declines of 8.29% over 7 days, 17.37% over 14 days, and 23.94% over 30 days.

The all-time high of $4.41 from February 2024 remains significantly above the current price, suggesting a substantial upside potential if market conditions shift favorably. However, the consistent downtrend over the longer time frames indicates that investors should be cautious, as sentiment may still be negative.

Based on the current analysis, the recommendation is to Hold. The recent upward momentum is promising, but the longer-term bearish trends and the high RSI suggest a potential price correction may occur soon. Holding allows investors to reassess the market as it stabilizes while avoiding the risk of premature buying at current levels.