Ethena USDe (USDE) is currently priced at $0.999691, reflecting a slight decline of -0.01636% over the last 24 hours. The daily trading range has been tight, with a low of $0.998519 and a high of $1.002, suggesting limited volatility and a market operating close to parity with the USD.

Trading volume stands at 370,130,878, contributing to a volume-to-market cap ratio of 5.77%. The stability in the price indicates investor caution, as reflected by the hourly moving averages which show minor declines across various periods, particularly the 8, 13, and 21 SMAs, all hovering around the $1.00 mark.

The 1-hour RSI is at 48, indicating a neutral market sentiment, while the 7-day RSI is slightly higher at 51, suggesting a modest bullish inclination. Over the past 30 days, the price has increased by approximately 0.073%, with stronger gains over the 14-day (15.72%) and 7-day (4.68%) periods, indicating some recent upward momentum.

The all-time high for USDE remains at $1.034, reached on December 9, 2025, which provides a potential resistance level. Given the recent price action and the current market conditions, the price is stable but reflects a lack of strong upward momentum, limiting immediate bullish prospects.

In conclusion, the data indicates a neutral to slightly bullish outlook for USDE in the short term. Therefore, the rating is a Hold, as the current price shows stability with potential for upward movement, but without significant triggers for a Buy recommendation at this time.