Mantle Staked Ether (METH) is currently trading at $3,065.11, reflecting a 2.90% increase over the last 24 hours. The asset has demonstrated significant volatility, with a daily range of $128.10 between its high of $3,085.37 and low of $2,957.27, indicating potential trading opportunities.

Volume has been recorded at 1,669,693, corresponding to a 0.24% market cap ratio, which suggests moderate trading activity relative to its market capitalization. The hourly moving averages indicate a bullish short-term trend, with the 8 SMA and 13 SMA both showing upward momentum, while the longer-term 144 SMA reflects a decline, indicating mixed sentiment.

The 1-hour RSI is currently at 64, signaling a potential overbought condition in the short term. In contrast, the 7-day RSI is at 45, indicating a neutral stance, while the 14-day and 30-day price changes of -19.18% and -26.88% respectively suggest a longer-term bearish trend that could be concerning for investors.

METH's all-time high stands at $5,312.55, achieved in August 2025, but the current price reflects a significant decline from this peak. The negative trends over the past weeks may be attributed to broader market pressures, and investors should remain cautious given the asset's historical volatility.

Based on the current technical indicators and fundamental data, the recommendation for Mantle Staked Ether (METH) is to Hold. While there are short-term bullish signals, the longer-term downtrend and negative price changes warrant a cautious approach, suggesting that investors should wait for clearer signs of reversal before considering a Buy.