Wrapped stETH (WSTETH) is currently priced at $3,362.20, reflecting a 24-hour change of -1.27%. The asset has seen a daily high of $3,407.90 and a low of $3,220.78, indicating significant volatility with a daily range of 187.12%.

Trading volume stands at approximately $152.86 million, which represents 1.37% of the market cap. The hourly moving averages show mixed signals, with the 8 SMA and 13 SMA slightly positive while the 55 SMA and 144 SMA indicate bearish trends, suggesting a potential short-term recovery but long-term weaknesses.

The 1-hour RSI is at 52, indicating a neutral momentum, while the 7-day RSI at 42 suggests that the asset is approaching oversold conditions. This aligns with the 7-day, 14-day, and 30-day price changes of -13.19%, -19.83%, and -28.94%, respectively, illustrating a bearish trend over these periods.

WSTETH's all-time high of $7,256.02 was recorded on May 13, 2022, and the current price represents a significant drawdown from this peak. The combination of declining price trends and mixed moving average signals suggests a lack of strong bullish momentum.

Given the current market conditions and technical indicators, the recommendation for WSTETH is to Hold. The asset has potential for short-term recovery, but the longer-term trends are still negative, and there is no strong indication of a reversal to justify a Buy rating at this time.