Tether (USDT) is currently trading at $0.998815, reflecting a slight decline of 0.00904% over the past 24 hours. The price has been relatively stable, with a 24-hour high of $0.999303 and a low of $0.99864, indicating a narrow daily range of just 0.000663%.

Trading volume stands at approximately $80.35 billion, which represents a significant 43.01% of its market cap, suggesting high liquidity. Moving averages indicate a bearish trend, with the 8 SMA at $0.9991, the 13 SMA at $0.9990, and the 21 SMA at $0.9989, all showing slight downward movement.

The 1-hour Relative Strength Index (RSI) is neutral at 50, while the 7-day RSI is at 45, indicating that USDT is approaching oversold conditions. Over the past 7 days, USDT has decreased by approximately 0.00857%, and the 14-day price change is down 0.0385%, reflecting a consistent downward trend over the short to medium term.

Further, the 30-day price change reveals a more substantial decline of approximately 12.64%, suggesting a broader bearish sentiment over the past month. Historical data indicates that USDT reached its all-time high of $1.32 on July 24, 2018, but has since remained close to its peg to the US dollar.

Given the current market conditions, Tether is exhibiting low volatility, high liquidity, and a slight bearish trend in price movement. With the moving averages trending downward and the RSI indicating potential overselling, the recommendation is to Hold USDT for now, as its price remains stable near its peg, but caution is warranted given the recent price declines.