Mantle Restaked ETH (CMETH) is currently trading at $4,076.33, reflecting a 4.40% increase over the past 24 hours. The daily range indicates significant volatility, with a high of $4,130.40 and a low of $3,883.40, contributing to a 24-hour trading volume of 8,347,927, which is 1.04% of the market cap.

Technical indicators reveal a strong short-term momentum, with the 1-hour RSI at 80, suggesting that CMETH is overbought in the immediate timeframe. Meanwhile, the 7-day RSI is at 54, indicating a more neutral market sentiment, while the 14-day price change shows a positive trend of 2.02%, further supporting potential upward movement.

The hourly moving averages exhibit a bullish trend, with the 55 SMA at $3,897.14 showing a 4.60% increase, which serves as a significant support level. Additionally, the 144 SMA at $3,825.59, increasing by 6.55%, indicates robust long-term strength, reinforcing a bullish outlook.

Despite a slight decline over the past week (-0.12%), the 30-day price change of 48.64% demonstrates strong upward momentum, suggesting that CMETH has the potential for further gains. The proximity to its all-time high of $4,298.87 achieved on December 16, 2024, indicates that the market may still have room to run before encountering significant resistance.

Considering the current price action, technical indicators, and historical performance, a Buy rating is warranted for CMETH. The combination of bullish short-term momentum and supportive long-term averages suggests that the asset is well-positioned for further appreciation, particularly if it can maintain above the key support levels identified.