Ethena Staked USDe (SUSDE) is currently priced at $1.16, reflecting a slight decline of 0.09518% over the past 24 hours. The price has fluctuated between a daily high of $1.17 and a low of $1.15, indicating low volatility with a daily range of just 0.02%.

Trading volume stands at 20,331,678, representing a volume-to-market cap ratio of 0.90%, which suggests a moderate level of activity relative to its market capitalization. The hourly moving averages indicate a bearish trend, with all key SMAs (8, 13, 21, 55, and 144) showing negative percentages, reinforcing a lack of upward momentum in the short term.

The 1-hour Relative Strength Index (RSI) is at 39, suggesting that SUSDE is nearing oversold territory, which could signal a potential reversal if buying interest increases. However, the 7-day RSI at 49 indicates that the asset is neither overbought nor oversold on a longer timeframe, reflecting a balanced market sentiment.

In terms of price changes, SUSDE has experienced a 7-day increase of 0.22%, a 14-day rise of 0.24%, and a 30-day gain of 0.40%. Despite these modest gains, the current price remains significantly below its all-time high of $1.29 reached in January 2025, suggesting potential upside if market conditions improve.

Given the current technical indicators showing bearish momentum, the modest RSI values, and the proximity to historical price levels, a cautious approach is warranted. The overall market sentiment leans towards stabilization, but the lack of strong bullish signals suggests that the asset may not experience substantial upward movement in the near term.

Rating: Hold. The analysis indicates a lack of immediate upward momentum, and while the price is stable, potential buyers should wait for clearer bullish signals before entering the market.