Ethena USDe (USDE) is currently priced at $0.999424, reflecting a modest 24-hour change of 0.0215%. The daily trading range has been tight, with a high of $1.003 and a low of $0.998409, indicating limited volatility within the last day.

Volume stands at 231,135,428, with a volume-to-market cap ratio of 3.60%, suggesting that trading activity is relatively strong but does not indicate excessive speculation. The hourly moving averages are clustered around $1.00, with the 8 SMA at $1.00 showing a slight decline of 0.09%, which is consistent with the lack of upward momentum.

The 1-hour RSI is at 38, indicating that the asset is nearing oversold territory, while the 7-day RSI is neutral at 50, suggesting that price momentum is balanced in the short term. Over the past 14 days, USDE has shown a price increase of 0.1029%, while the 30-day change is modest at 0.0076%, indicating slight bullish sentiment over the longer term.

The all-time high of $1.034 reached on December 9, 2025, remains a significant resistance level, while the current price is just below the critical psychological level of $1.00. Given the current technical indicators, particularly the proximity to the 1-hour RSI's oversold condition and the overall stable price behavior, there is potential for a rebound if buying interest increases.

Considering the above data, the recommendation for Ethena USDe (USDE) is to Hold. This is based on the current price stability near the $1.00 mark, combined with an absence of strong bearish signals, which could allow for a potential upward movement if market conditions improve.