Ondo US Dollar Yield (USDY) is currently priced at $1.10, reflecting a 0.94% increase over the past 24 hours. The daily trading range has been narrow, with a high of $1.11 and a low of $1.08, indicating low volatility in recent trading.

The volume stands at approximately 3.16 million, contributing to a volume-to-market cap ratio of 0.46%. Moving averages are showing mixed signals; the 13 SMA is slightly positive at +0.07%, while the 8, 21, and 55 SMAs exhibit slight declines, suggesting a lack of strong upward momentum.

Momentum indicators reveal a 1-hour RSI of 47 and a 7-day RSI of 50, both hovering around neutral territory. This indicates that USDY is neither overbought nor oversold, further confirming the recent price stability.

In terms of price changes, USDY has seen a modest increase of 0.30% over the last week and a more significant rise of 1.16% over the past 14 days. However, the 30-day price change shows a decline of approximately 0.47%, signaling some longer-term weakness.

The all-time high for USDY was $1.26, reached in March 2024, suggesting potential upside if buying pressure increases. The current price is approximately 12.7% below this peak, indicating room for recovery, but the market must first overcome current resistance levels.

Considering the technical indicators, mixed moving averages, and neutral RSI values suggest a lack of clear direction. Therefore, the recommendation for Ondo US Dollar Yield (USDY) is to Hold, as the market appears stable but lacks immediate catalysts for significant price movement.