Ethena USDe (USDE) is currently trading at $0.998199, reflecting a slight decline of 0.03942% over the past 24 hours. The price has fluctuated between a 24-hour high of $0.999229 and a low of $0.996033, indicating a tight daily range of just 0.003196%.

Trading volume stands at 67,477,807, corresponding to a volume/market cap ratio of 1.07%, suggesting moderate liquidity. The hourly moving averages show a stable trend, with the 8 SMA and 13 SMA both at $0.9982, indicating little price movement, while longer-term SMAs reflect a slight downward drift.

The 1-hour RSI is at 43, indicating a neutral position, while the 7-day RSI sits at 49, reflecting a near-equilibrium in buying and selling pressures. The 7-day, 14-day, and 30-day price changes show declines of 0.0595%, 0.0749%, and 0.1126%, respectively, indicating a bearish trend over the longer term.

The all-time high for USDE remains at $1.034, achieved on December 9, 2025, illustrating a significant gap between the current price and past performance. Overall, the technical indicators suggest a lack of momentum, with resistance around $1.00 and support forming near $0.996.

Given the recent price trends and technical indicators, a Hold rating is recommended for USDE at this time. The asset shows stability in the short term but lacks bullish signals for a decisive upward move, warranting a cautious approach.