Ethena USDe (USDE) is currently trading at $0.999293, reflecting a minor decline of 0.00762% over the past 24 hours. The daily range has remained tight, oscillating between a high of $1 and a low of $0.998793, indicating stability in its price movement.

The trading volume for USDE stands at 55,503,126, with a volume-to-market cap ratio of 0.92%, suggesting that the asset is relatively liquid. The hourly moving averages (SMA) show consistent pricing around $0.9994, with very slight variations, indicating a neutral trend in the short term.

The Relative Strength Index (RSI) metrics are currently at 49 for the hourly and 51 for the 7-day, both of which suggest that the asset is neither overbought nor oversold. Furthermore, the price changes over 7 days, 14 days, and 30 days show positive momentum, at 0.0225%, 0.0440%, and 0.0741% respectively, indicating gradual growth.

Historically, USDE reached its all-time high of $1.034 on December 9, 2025. Given the current price proximity to $1, along with a stable trading volume and positive price changes over the longer term, the asset demonstrates resilience.

In conclusion, the technical indicators and price movements suggest that Ethena USDe is maintaining stability near its peg to the dollar. Therefore, the recommendation is to Hold, as the asset shows potential for further growth without immediate downside risks.