Tether (USDT) is currently trading at $0.999666, showing a slight 24-hour change of 0.02181%. The daily trading range has been tight, with a high of $0.999891 and a low of $0.999441, indicating strong price stability typical for stablecoins.

The volume stands at approximately $79.96 billion, which is notable given the market cap's volume ratio of 43.53%. The hourly moving averages reflect minimal fluctuations, with all key moving averages clustering around $0.9997, suggesting that the price is firmly anchored around its pegged value.

The 1-hour RSI is at 55, indicating a neutral position, while the 7-day RSI is at 49, which shows that the asset is neither overbought nor oversold. Price changes over various periods reflect stability, with a slight increase of 0.0658% over the past 30 days, consistent with Tether’s role as a stable asset.

With an all-time high of $1.32 reached on July 24, 2018, USDT remains closely pegged to its intended value of $1. The consistent trading range and stable volume suggest that USDT is functioning well as a liquidity tool within the cryptocurrency market.

Given the data and Tether's stability, the current market environment indicates a strong hold position for USDT. It is unlikely to deviate significantly from its peg in the short term, making it a reliable option for liquidity and trading rather than a speculative investment. Therefore, the rating for Tether (USDT) is Hold.