Ethena USDe (USDE) is currently trading at $0.999157, exhibiting a slight increase of 0.02771% over the past 24 hours. The daily trading range has been tight, with a high of $0.9996 and a low of $0.998485, indicating low volatility and stability around the peg to the USD.

Trading volume stands at approximately 47.33 million, with a volume-to-market cap ratio of 0.75%, suggesting a moderate level of market activity. The price movements over the past 7 days show a minor decline of 0.0204%, but the 14-day price change indicates a stronger upward trend of 0.0658%, which suggests recent buying interest.

Technical indicators reflect a neutral sentiment, with the 1-hour RSI at 52 and the 7-day RSI at 49, positioning the asset within a balanced range. Moving averages are mostly flat, with short-term SMAs reflecting stability around $0.9991 and the longer-term 144 SMA slightly lower at $0.9993.

The all-time high for USDE remains at $1.034, recorded in December 2025, which indicates significant room for growth if bullish momentum returns. Given the current price stability and the lack of significant downward pressure, the asset is well-positioned to maintain its peg.

Considering the current data, the recommendation is a Hold. The lack of volatility and the neutral RSI readings indicate that while there is no immediate sell signal, the market is not conducive to aggressive buying either. Monitoring for any bullish signals in upcoming sessions will be crucial for deciding on future positions.