Ethena USDe (USDE) is currently trading at $0.998043, reflecting a slight decline of -0.16057% over the past 24 hours. The price has hovered around a narrow daily range, with a high of $1.001 and a low of $0.997427, indicating low volatility and investor uncertainty.

Trading volume stands at 189,576,674, representing 3.01% of the market cap, which suggests moderate interest in the asset. The hourly moving averages (8, 13, 21, 55, and 144 SMA) are all clustered around $0.9994, indicating a lack of significant momentum in either direction.

The 1-hour RSI is currently at 38, indicating potential bearish momentum, while the 7-day RSI at 49 suggests that the asset is nearing neutral territory. Over the past 7 days, the price has decreased by approximately -0.84%, and a more significant drop of -5.81% over 14 days signals underlying weakness in demand.

Over the past 30 days, USDE has experienced a notable decline of -13.82%, which raises concerns about its price stability and investor confidence. The all-time high of $1.034, reached on December 9, 2025, appears increasingly distant, emphasizing the need for a recovery strategy.

Given the current data, USDE shows signs of weakness with declining momentum and low RSI levels. The market environment does not favor a bullish outlook at this time, leading to a recommendation to hold the position while monitoring for signs of stabilization or reversal in price trends.