Ethena USDe (USDE) is currently trading at $0.998517, exhibiting a minor 24-hour change of 0.00427%. The daily price range remains tight, with a high of $0.999274 and a low of $0.997904, indicating low volatility in recent trading activity.

The trading volume stands at 72,082,391, contributing to a volume/market cap ratio of 1.12%. Short-term moving averages reflect a largely sideways trend, with the 8 SMA at $0.9984 showing a slight upward shift of 0.01%, while longer-term SMAs are flat or marginally negative, suggesting a lack of momentum.

The 1-hour RSI of 46 indicates that USDE is approaching oversold territory but is not yet in it, while the 7-day RSI at 49 shows neutrality. Over the past week, the price has decreased by approximately 0.0464%, with a more pronounced decline of 6.25% over the past 30 days, indicating bearish pressure.

Despite these declines, the price is relatively stable compared to its all-time high of $1.034 reached in December 2025. The current price positioning near $1 suggests it is likely holding its ground as a stable asset, which is typical for stablecoins.

Considering the tight daily range, flat moving averages, and neutral RSI readings, there is a lack of compelling bullish or bearish signals at this time. Given the overall stability and low volatility, the recommended action for Ethena USDe (USDE) is a Hold rating, as it does not present immediate trading opportunities nor significant risks.