Theta Network (THETA) is currently trading at $0.220334, reflecting a modest 24-hour change of 0.90927%. The daily price range has been between $0.209146 and $0.227733, indicating low volatility, with a daily range percentage of 0.018587%.

The trading volume over the last 24 hours is approximately 12.14 million, resulting in a volume-to-market cap ratio of 5.50%. Hourly moving averages show a mixed sentiment, with the 8 SMA at $0.2205 down by 0.08%, while the 13 SMA is up by 0.50%, suggesting a potential upward shift in the short term.

Momentum indicators reveal that the 1-hour RSI stands at 47, indicating a neutral position, while the 7-day RSI is lower at 42, signaling bearish sentiment. Over the past week, THETA has declined by approximately 17.33%, and over the last 14 and 30 days, it has decreased by 28.17% and 27.38%, respectively, illustrating a sustained bearish trend.

The price remains significantly below its all-time high of $15.72, reached on April 16, 2021, highlighting the extensive downtrend since then. The combination of technical indicators and recent performance suggests that THETA is in a consolidation phase, with the potential for minor upward corrections.

Given the current market conditions and the bearish trend over the past month, a cautious approach is warranted. Therefore, the recommendation is to Hold THETA, as the market may require further stabilization before any bullish momentum can be confirmed.