Tether (USDT) is currently trading at $1, reflecting a minimal 24-hour change of 0.00833%. The price has maintained stability within a narrow daily range, peaking at $1 and dipping to a low of $0.999976, indicating strong support around the $1 mark.

The trading volume stands at approximately $93.67 billion, which represents a high 50.34% of the market cap. This significant volume suggests robust trading activity and liquidity, essential for a stable stablecoin like USDT.

Technical indicators show that the hourly moving averages (SMA) are all firmly at $1.00, with marginal declines between 0.01% to 0.02%. The 1-hour RSI is notably low at 18, suggesting potential overselling, while the 7-day RSI at 49 indicates neutral market sentiment, supporting the notion of stability.

In terms of price changes, USDT has seen a slight decline of approximately 0.0082% over the last week, but a modest gain of 0.0346% over the past 14 days and 0.0241% over the last 30 days. Such fluctuations indicate a relatively stable price over longer periods, which is typical for a pegged asset.

Given Tether's historical all-time high of $1.32 in July 2018, the current price remains firmly anchored at $1, reflecting its design as a stablecoin. While USDT experiences minimal volatility, its consistent peg to the dollar is crucial for maintaining trust among users and investors.

Considering the stability in trading volume and the minimal price fluctuations, I recommend a Hold rating on Tether (USDT). The asset shows no immediate signs of significant movement, and maintaining a position in USDT is prudent for those seeking stability in their portfolio.