Ethena USDe (USDE) is currently trading at $0.999361, showing a modest 24-hour change of 0.03236%. The price has remained relatively stable within a daily range of $0.002316%, with a low of $0.997684 and a high of $1.

Volume stands at 170,086,215, equating to a volume-to-market cap ratio of 2.58%, indicating a moderate level of trading activity relative to its market capitalization. The moving averages suggest a slight bullish sentiment in the short term, with the 8 SMA at $0.9992 reflecting a gain of 0.02% and the longer-term averages remaining relatively flat.

The 1-hour RSI is positioned at 58, indicating a potential for upward momentum, while the 7-day RSI at 47 shows that USDE is nearing oversold conditions. Recent price changes reveal a decline of approximately 0.42% over the last week, but positive movements in the 14-day and 30-day price changes at 0.087 and 0.076, respectively, suggest a recovery trend.

The all-time high for USDE is $1.034, recorded on December 9, 2025, which establishes a resistance level that the asset may aim to retest. Given the current price action and RSI indicators, USDE appears to be consolidating with potential for upward movement.

Considering these data points, the recommendation is to Buy USDE. The short-term bullish signals from moving averages combined with a relatively stable price close to $1 indicate potential for appreciation, especially if momentum builds from the current RSI levels.