Wrapped stETH (WSTETH) is currently trading at $3,745.13, reflecting a significant 8.62% increase over the past 24 hours. The daily trading range has been notably volatile, with a high of $3,765.05 and a low of $3,441.74, contributing to a daily range of 323.31%.

The trading volume over the past 24 hours stands at approximately $91.49 million, which represents a volume to market cap ratio of 0.74%. The hourly moving averages indicate bullish momentum, with the 8 SMA at $3,695.70 showing a 1.34% increase, and the 21 SMA at $3,619.21 showing a more robust rise of 3.48%.

The relative strength index (RSI) for the past hour is at 69, indicating that WSTETH is approaching overbought conditions. In contrast, the 7-day RSI at 51 suggests a more neutral stance, reflecting a lack of strong directional momentum over the week.

From a price perspective, WSTETH has experienced a modest 5.44% increase over the past week, but shows a negative trend over the longer term with a 14-day price change of -0.64% and a 30-day decline of -16.85%. The all-time high remains significantly higher at $7,256.02, recorded in May 2022, indicating substantial room for growth relative to past performance.

Considering the current bullish short-term momentum, alongside the rising moving averages and recent price action, a Buy rating is warranted. However, traders should remain cautious due to the overbought RSI and potential resistance near the recent high of $3,765.05.