Ondo US Dollar Yield (USDY) is currently trading at $1.11, reflecting a modest 24-hour change of 0.25594%. The daily range has been tight, with a high of $1.12 and a low of $1.08, indicating low volatility in the short term.

Trading volume stands at 322,738, contributing to a low volume-to-market cap ratio of 0.05%. The hourly moving averages suggest stability, as the 8, 13, 21, 55, and 144 SMAs are all hovering around $1.10, indicating a potential support level.

The 1-hour RSI is at 62, suggesting that the asset is approaching overbought territory, while the 7-day RSI is neutral at 51. However, the 7-day and 14-day price changes indicate a slight downtrend, with losses of approximately 0.29% and 0.01%, respectively.

In contrast, the 30-day price change shows a more positive outlook with an increase of 0.50%, indicating some recovery over the longer term. USDY's all-time high of $1.26 reached in March 2024 remains a key resistance level to watch, suggesting potential for future upside if momentum builds.

Given the current price action, stability in moving averages, and overall market sentiment, a cautious approach is warranted. Therefore, the rating for USDY is a Hold, as the asset shows signs of potential recovery but requires confirmation of upward momentum before any bullish positions are taken.