Ondo US Dollar Yield (USDY) is currently priced at $1.11, showing a slight 24-hour increase of 0.10%. The price has fluctuated within a daily range of $1.095 to $1.12, indicating low volatility with a daily range of just 0.025%.

Trading volume stands at 96,859, contributing to a minimal market cap ratio of 0.01%, which reflects low liquidity. The hourly moving averages reveal a generally stable price action, with the 8 SMA at $1.10 indicating a positive trend of +0.62%, while the 21 and 55 SMAs are also showing positive momentum at $1.11.

The RSI metrics are neutral, with both the 1-hour and 7-day RSI at 50, indicating no strong buying or selling pressure. Over the past week, USDY has experienced a price change of 0.48%, and a modest gain of 0.32% over the past 14 days, although it has dipped by approximately 0.11% over the last 30 days.

The all-time high for USDY was recorded at $1.26 on March 27, 2024, suggesting significant room for recovery from the current price. However, the price trends and volume indicate that USDY has been consolidating, lacking the momentum to break through its recent resistance levels.

Considering the low volatility and neutral RSI indicators, the current trading environment suggests that investors should hold their positions. While there is potential for upward movement, the lack of decisive bullish momentum and low trading volume advises against aggressive buying at this time. Therefore, the recommendation is to Hold USDY until clearer bullish signals emerge.