Tether (USDT) is currently trading at $0.998541, reflecting a minor decrease of 0.04145% over the past 24 hours. The price has shown limited volatility, with a daily high of $0.998956 and a low of $0.998356, resulting in a daily range of only 0.0006%.

Trading volume stands at approximately $43.79 billion, which constitutes 23.46% of its market capitalization, indicating robust liquidity. However, the hourly and daily moving averages suggest a slight bearish trend, with the 8 SMA at $0.9985, remaining static, and longer averages showing marginal declines.

The 1-hour RSI is at 42, while the 7-day RSI is slightly lower at 41, both indicating a neutral position without significant buying pressure. Price changes over various time frames show a slight downward trend, with a 7-day change of -0.106%, a 14-day change of -0.023%, and a 30-day change of -0.0906%.

Despite being a stablecoin, USDT's current pricing below the $1 peg raises concerns about its stability. Historically, Tether reached an all-time high of $1.32 in July 2018, but current metrics suggest a persistent lack of momentum to reclaim that value.

Given the current price action, minimal volatility, and neutral RSI readings, USDT appears to be stabilizing around its peg but lacks bullish signals for a significant rally. Therefore, the recommendation is to Hold USDT, as it remains a viable stablecoin option, but there are no immediate catalysts for upward movement.