Ethena USDe (USDE) is currently priced at $0.998749, reflecting a slight decline of -0.03941% over the last 24 hours. The price has fluctuated within a narrow daily range of $0.002072, with a high of $1 and a low of $0.997928, indicating low volatility in the recent trading session.

Trading volume stands at 114,984,809, representing 1.80% of the market cap, which suggests moderate interest from traders but does not indicate significant buying pressure. The moving averages for various time frames are tightly clustered around the current price, with the 8, 13, 21, and 55 SMAs showing minor declines, suggesting a lack of strong upward momentum.

Technical indicators reveal a 1-hour RSI of 47, positioning USDE in neutral territory, while the 7-day RSI at 50 also reflects a balanced market sentiment. Over the past week, the price has declined by approximately -0.0861%, and the 14-day price change shows a similar downward trend of -0.0789%, indicating bearish pressure in the short term.

In the longer term, the 30-day price change is slightly positive at 0.0093, suggesting some resilience, but the overall trend remains cautious. The all-time high of $1.034 reached in December 2025 is significantly above the current price, presenting potential upside but also highlighting the challenges of regaining that level.

Based on this analysis, the recommendation is to Hold. The current price is stable, and while there are signs of slight bearish momentum, the overall volume and technical indicators do not suggest an immediate sell-off or strong buying opportunity at this moment.