Ethena USDe (USDE) is currently priced at $1.00, reflecting a minor decline of -0.07741% over the past 24 hours. The daily trading range has been narrow, with a high of $1.005 and a low of $0.998565, indicating limited volatility in the market.

Volume stands at 154,435,211, with a volume-to-market cap ratio of 2.90%, suggesting moderate liquidity for this asset. Moving averages show a consistent price of $1.00 across various timeframes, with short-term averages (8, 13, and 21 SMA) reflecting slight downward movements, indicating a potential bearish sentiment in the immediate term.

The 1-hour RSI is at 47, indicating that USDE is neither overbought nor oversold, while the 7-day RSI at 49 shows similar neutral momentum over the week. The price changes over the past 7 and 14 days are slightly negative, at -0.0022% and -0.0041%, respectively, suggesting a lack of bullish momentum in the short to medium term.

However, the 30-day price change shows a positive trend of 5.12%, indicating that USDE has performed better over a longer timeframe, which could attract investors looking for value. The asset's all-time high remains at $1.032, achieved on December 20, 2023, highlighting its recent capability to maintain close to par value against the USD.

Given the mixed signals from both the short-term indicators and the longer-term performance, the current lack of volatility and slight downward pressure suggests that caution is warranted. Therefore, the recommendation is to Hold USDE at this time, as it may present opportunities for growth in the longer term while also reflecting current market hesitancy.