Ethena USDe (USDE) is currently trading at $0.999271, reflecting a slight increase of 0.07348% over the past 24 hours. The daily price range has been tight, oscillating between a high of $0.99965 and a low of $0.99808, indicating minimal volatility in the current market conditions.

Trading volume over the last 24 hours is robust at 150,748,235, representing 2.37% of the market cap, which suggests a healthy trading environment. The hourly moving averages are showing slight bullish momentum, with the 55 SMA at $0.9987 and the 144 SMA at $0.9985 demonstrating upward movement in the short term.

The 1-hour RSI stands at 61, indicating that the asset is nearing overbought territory but is not yet at extreme levels. Conversely, the 7-day RSI is at 53, suggesting that the asset has been consolidating with no strong directional bias, while the 30-day price change shows a minor decline of -0.0206%.

Ethena USDe's all-time high of $1.034, recorded on December 9, 2025, sets a resistance level that traders should monitor closely. The 7-day price change of 0.1313% suggests a potential for upward momentum if buying pressure continues to build, despite the slight longer-term decline over the past month.

Given the current technical indicators and trading volume, USDE is positioned for a potential short-term upward trend. The combination of rising hourly SMAs and a relatively strong RSI suggests that the asset could appreciate in the near term, making it an attractive buy opportunity.

Rating: Buy. The current price near $1 and favorable technical indicators signal a potential upside, and any sustained buying pressure could lead to a test of the all-time high.