Mantle Staked Ether (METH) is currently priced at $3169.35, reflecting a 24-hour change of -1.68%. The daily trading range has been quite volatile, with a high of $3232.64 and a low of $3114.76, indicating a range of $117.88 or 3.72% within the day.

Volume stands at 1,192,519 with a volume-to-market cap ratio of 0.18%, suggesting relatively low trading activity in relation to its market capitalization. Short-term moving averages are indicating a bearish trend, with the 8 SMA at $3,197.95 showing a decline of 0.89%, and the 55 SMA at $3,242.34 reflecting a larger drop of 2.25%.

The 1-hour RSI is at 43, approaching the oversold territory, while the 7-day RSI is at 53, suggesting a neutral trend over the past week. However, the 14-day price change shows a significant decline of approximately 11.67%, indicating that METH has been under pressure recently.

On a more extended basis, the 30-day price change is positive at 3.81%, hinting at potential recovery from a longer-term perspective. Nonetheless, METH's all-time high of $5312.55 reached on August 24, 2025, remains far above the current price, highlighting a significant distance to regain prior peaks.

Given the current technical indicators, particularly the bearish signals from moving averages and the RSI trends, the immediate outlook appears weak. Therefore, I recommend a Hold rating on METH at this time, as there is insufficient upward momentum to warrant a Buy, while the ongoing bearish trend suggests caution against a Sell.