Ethena USDe (USDE) is currently priced at $1.002, reflecting a minor 24-hour change of 0.19803%. The daily trading range remains tight, with a high of $1.003 and a low of $1, indicating stable price action within a narrow band.

The trading volume stands at 157,248,448, which represents a relatively low 2.42% of the market cap. The moving averages suggest a slight bullish sentiment, with the 55 SMA and 144 SMA both showing positive trends, indicating a potential upward movement in the near term.

The 1-hour RSI at 54 indicates the asset is neither overbought nor oversold, suggesting a balanced market sentiment. Over the past week, the 7-day RSI of 53 confirms this neutral momentum, while the 7-day price change of 0.35% shows slight upward progress.

Over longer time frames, the 14-day price change is 0.3052%, and the 30-day change is 0.3420%, both indicating a consistent growth trend. However, the all-time high of $1.034, reached in December 2025, is still a potential resistance level to monitor.

Given the stable price action, positive moving averages, and neutral RSI readings, the market shows potential for slight upward movement. However, the low volume and proximity to the all-time high suggest caution.

Overall, I rate Ethena USDe (USDE) as a Hold. The asset shows stability and mild bullish indicators, but the risk of hitting resistance near the all-time high necessitates a watchful approach before committing to a buy.