Ethena USDe (USDE) is currently trading at $0.998849, reflecting a marginal increase of 0.0128% over the last 24 hours. The asset has demonstrated a daily range of 0.001723%, with a high of $1 and a low of $0.998277, indicating low volatility and stability in the short term.

The trading volume stands at 223,340,525, representing 3.67% of the market cap, which suggests a healthy liquidity level for traders. The moving averages across various time frames (8 SMA at $0.9990, 13 SMA at $0.9991, 21 SMA at $0.9991, 55 SMA at $0.9990, and 144 SMA at $0.9990) are closely clustered, indicating a neutral trend and potential price consolidation around the current level.

Momentum indicators reveal a 1-hour RSI of 45 and a 7-day RSI of 49, suggesting that USDE is nearing neutral territory but not yet oversold or overbought. The 7-day price change shows a slight decline of -0.0225%, while the 14-day price change is positive at 0.0200%, indicating mixed short- to mid-term performance.

USDE's price performance over the last 30 days has been slightly negative, with a change of -0.0043%, which may indicate a lack of strong bullish momentum. However, it is important to note that the all-time high of $1.034, reached in December 2025, provides a benchmark for potential upside.

Given the current price stability, low volatility, and neutral indicators, the market sentiment around USDE appears to be cautious. Therefore, the recommendation is to Hold USDE at this time, as there is insufficient momentum for a Buy signal and the potential for downward movement remains given the recent price changes.