Ethena USDe (USDE) is currently priced at $0.999132, showing a modest 24-hour change of 0.04798%. The daily trading range has remained tight, with a high of $1.002 and a low of $0.996893, indicating limited volatility in the short term.

The volume for the last 24 hours stands at 115,220,242, reflecting a healthy trading activity with a Vol/Market Cap ratio of 1.58%. The hourly moving averages show a slight upward trend, with the 8 SMA at $0.9990 and the 144 SMA at $0.9987, suggesting a stable short-term bullish sentiment.

The 1-hour RSI is at 56, indicating a neutral to slightly bullish momentum, while the 7-day RSI at 51 supports this view with no overbought or oversold conditions detected. However, the 14-day price change is slightly negative at -0.0081, and the 30-day price change is more pronounced at -0.0514, suggesting potential bearish sentiment over a longer timeframe.

The all-time high for USDE was $1.032 on December 20, 2023, which is approximately 3.3% above the current price. This suggests that while there is room for upward movement, the price has recently struggled to maintain upward momentum over the past month.

Based on the analysis, Ethena USDe appears to be stable in the short term but shows signs of weakness in longer-term trends. Therefore, the recommendation is to Hold USDE, as the current price reflects stability, but traders should monitor for signs of a potential breakout or further declines.