Ethena USDe (USDE) is currently trading at $0.998653, with a minor 24-hour change of -0.01536%. The asset is showing stability within a narrow daily range of $0.004316, oscillating between a high of $1.002 and a low of $0.997684.

Trading volume stands at 204,388,798, representing 3.10% of the market cap, indicating a moderate level of trading activity. The moving averages are reflecting slight bearish momentum, with the 8, 13, and 21 SMA all showing a decrease of around -0.02% to -0.03%, while the 144 SMA indicates a larger drop of -0.05%.

The 1-hour RSI is at 47, suggesting the market is close to neutral, while the 7-day RSI at 49 reinforces this indecision, as it remains near the midpoint. Over the past week, USDE has experienced a price decline of -0.338, with longer-term metrics showing a 14-day decline of -0.117 and a 30-day change of -0.0099, indicating a slight bearish trend in the medium term.

The all-time high for USDE was $1.034, reached in December 2025, suggesting potential upside but also highlighting the distance from this peak. Currently, with market sentiment leaning slightly bearish and technical indicators suggesting a lack of strong momentum, a cautious approach is warranted.

Given the current price action, moving averages, and RSI metrics, the recommendation for Ethena USDe (USDE) is a Hold. The market is showing signs of consolidation, and while it has not yet indicated a strong buy signal, the current price is close to stable support levels, warranting a wait-and-see approach before making further investments.