Ethena USDe (USDE) is currently trading at $0.999998, reflecting a minimal 24-hour change of 0.0339%. The price has demonstrated stability within a daily range of $0.003577, with a 24-hour high of $1.002 and a low of $0.998423, indicating tight price consolidation.

Volume for the past 24 hours stands at 164,950,088, corresponding to a volume-to-market cap ratio of 2.35%. The hourly moving averages show a slight bullish trend, with the 8 SMA at $0.9995 up by 0.05% and the 13 SMA at $0.9994 up by 0.06%, signaling a stable upward momentum over short timeframes.

The 1-hour RSI is at 59, indicating the asset is approaching overbought territory, while the 7-day RSI at 50 shows neutrality in the medium term. Over the past week, the price has appreciated by 0.1285%, and the 14-day change is more pronounced at 0.1570%, suggesting a gradual recovery from recent lows.

The 30-day price change of 0.0782% highlights a consistent yet slow upward movement in price. Despite being well below its all-time high of $1.032 from December 2023, the current price level indicates support just below the $1 mark.

Considering the overall technical indicators and the tight trading range, USDE is positioned for potential upward movement, especially if it breaks above the $1 mark. Therefore, the recommendation is to **Buy**, as the asset is showing signs of stability with gradual positive momentum, and the recent price action could attract further interest from buyers.