Wrapped Aave Ethereum USDC (WAETHUSDC) is currently priced at $1.14, reflecting a 24-hour decline of 2.98%. The daily trading range has been relatively narrow, with a high of $1.17 and a low of $1.072, indicating some consolidation around the current price.

The volume for the last 24 hours stands at approximately 26.81 million, representing 11.68% of the market cap, which suggests moderate trading activity. The hourly moving averages show mixed signals, with the 8 SMA and 13 SMA indicating upward momentum while the 55 SMA and 144 SMA suggest a bearish trend in the short to medium term.

The 1-hour RSI is at 67, indicating that WAETHUSDC is approaching overbought territory, while the 7-day RSI is at 49, suggesting a neutral position. The price has seen a decline of 1.60% over the past week, with longer-term trends also showing negative price changes over the past 14 and 30 days.

With the all-time high recorded at $1.27, the current price is approximately 10.2% below that peak, which could indicate potential resistance levels. However, the recent price action and volume data suggest a lack of strong bullish momentum to break through significant resistance in the near term.

Given the mixed indicators across various time frames and the recent price decline, a cautious approach is warranted. The current market dynamics do not support strong bullish sentiment, leading to a Hold rating for WAETHUSDC, as traders may want to wait for clearer trends or a confirmation of a reversal before making new positions.