Mantle Staked Ether (METH) is currently priced at $3,277.91, reflecting a modest 0.94% increase over the past 24 hours. The daily trading range has been notably volatile, with a high of $3,316.18 and a low of $3,129.19, indicating a significant 186.99% movement within this period.

Volume for METH stands at 3,963,023, contributing to a volume-to-market cap ratio of 0.46%. Short-term moving averages reflect mixed signals, with the 8, 13, and 21 SMAs trending upwards by 2.69%, 2.28%, and 2.13%, respectively, while the longer-term 55 SMA shows a decline of 1.59% and the 144 SMA is down 5.80%, suggesting bearish sentiment over extended periods.

The 1-hour Relative Strength Index (RSI) is at 55, indicating a neutral position, while the 7-day RSI of 41 suggests that METH is nearing oversold territory. This is corroborated by a negative price change of 10.21% over the past week and a smaller decline of 3.72% over the past 14 days, indicating underlying weakness.

In contrast, the 30-day price change shows a slight recovery of 1.35%, which may signal potential stabilization. However, the current price is still significantly below its all-time high of $5,312.55 reached on August 24, 2025, indicating substantial room for growth if bullish momentum develops.

Given the current technical indicators and market conditions, the short-term outlook appears cautiously optimistic, but the longer-term trend remains concerning due to the declining SMAs. Therefore, the recommendation is to Hold METH, allowing for potential recovery while monitoring for a reversal in longer-term bearish trends.