Ethena USDe (USDE) is currently trading at $0.998955, experiencing a slight decline of -0.02406% over the past 24 hours. The daily trading range has been narrow, with a high of $1 and a low of $0.998185, indicating limited volatility in the current market.

The trading volume stands at approximately $94 million, representing 1.54% of the market cap, suggesting decent liquidity. The hourly moving averages (8, 13, 21, 55, and 144 SMA) hover around the $0.999 mark, reflecting a stable short-term trend with minimal price movement.

The 1-hour Relative Strength Index (RSI) is at 49, indicating a neutral momentum, while the 7-day RSI also sits at 50, reinforcing the lack of bullish or bearish strength. Over the last week, the price has decreased slightly by 0.0096%, but there has been a positive 14-day price change of 0.0388%, suggesting some recovery potential in the medium term.

The 30-day price change is marginally positive at 0.0069%, indicating stability over the longer term. The all-time high of $1.034 reached on December 9, 2025, provides a reference point, yet the current price shows it is trading closely to its peg of $1, typical for a stablecoin.

Given the current price stability, liquidity, and lack of significant momentum shifts, the recommendation is a Hold. The neutral RSI and minimal price changes suggest that USDE is not likely to experience immediate volatility, making it prudent to maintain positions rather than initiate new trades.