Mantle Restaked ETH (CMETH) is currently priced at $1,691.69, showing a slight decline of 1.16% over the last 24 hours. The daily price range has been relatively tight, with a high of $1,715.08 and a low of $1,673.97, indicating a daily range volatility of 41.11%.

Volume stands at approximately 2.91 million, representing 0.76% of the market cap, suggesting moderate trading activity. Short-term moving averages (8, 13, and 21 SMA) are slightly bullish, indicating upward momentum, while the 144 SMA reflects a bearish trend with a decline of 1.16%, suggesting resistance around the $1,711.60 level.

The 1-hour RSI at 58 indicates that CMETH is approaching overbought conditions, while the 7-day RSI at 48 shows neutrality, suggesting indecision among traders. The price has increased by 1.51% over the past week, but the 14-day and 30-day changes are negative, at -11.36% and -22.08% respectively, highlighting a longer-term downtrend.

Despite the recent short-term bullish indicators, the overall sentiment is cautious due to the downward trend over the longer timeframes. The all-time high of $4,298.87, reached in December 2024, remains significantly above the current price, indicating potential for recovery if market conditions improve.

Given the mixed signals—short-term bullish momentum countered by longer-term bearish trends and resistance levels—it is advisable to adopt a Hold rating on CMETH. This strategy allows for monitoring potential upward breaks while avoiding premature selling in a volatile market.