The current price of USD1 is $0.998474, indicating a slight decline of -0.0342% over the last 24 hours. The daily price has remained within a narrow range, with a high of $0.998993 and a low of $0.998368, reflecting limited volatility in the current market environment.

Trading volume stands at approximately 2.35 billion, contributing to a high volume-to-market cap ratio of 70.57%. This suggests significant liquidity, allowing for easier entry and exit points for traders despite the price stagnation observed in recent days.

The hourly moving averages indicate a bearish sentiment, with the 8 SMA at $0.9985 showing a decrease of 0.01%, and the longer-term 144 SMA at $0.9989 reflecting a decrease of 0.04%. The overall trend indicated by these averages suggests a potential continuation of the downward movement unless the price breaks above the key resistance levels.

The 1-hour RSI is currently at 42, indicating a neutral position, while the 7-day RSI at 47 suggests a weak bullish momentum but still close to the neutral zone. The recent price changes over 7 days (-0.12%), 14 days (-0.15%), and 30 days (-0.05%) all reflect a bearish trend, reinforcing the need for cautious trading strategies.

Given that the all-time high was $1.025, the current price reflects a significant distance from that peak, indicating potential for upward recovery if market conditions improve. However, the existing bearish indicators and relatively low RSI levels suggest a lack of immediate buying pressure.

Based on the analysis of technical indicators and price movements, the recommendation is to Hold. The market exhibits signs of weakness, but the high trading volume and proximity to the $1 mark may present a consolidation phase that warrants observation before making any aggressive moves.