Mantle Staked Ether (METH) is currently priced at $3,372.66, reflecting a 1.69% increase over the past 24 hours. The asset has experienced a daily trading range of $234.61, with a high of $3,418.43 and a low of $3,183.82, indicating volatility in its price movements.

The trading volume stands at approximately 7,004,226, resulting in a volume-to-market cap ratio of 0.90%. The short-term moving averages (8 SMA at $3,271.71 and 13 SMA at $3,267.11) indicate bullish momentum, with increases of 3.09% and 3.23%, while the 55 SMA at $3,356.28 shows a minor positive change of 0.49%.

The relative strength index (RSI) indicates overbought conditions on the hourly chart at 70, which may suggest a potential short-term price pullback. However, the 7-day RSI at 45 indicates a more neutral market sentiment, reflecting a recent price decline of approximately 10.42% over the last week.

Longer-term price trends are concerning, with the 14-day and 30-day price changes showing declines of 9.06% and 21.42%, respectively. This suggests that METH has been under pressure over the past month, diverging significantly from its all-time high of $5,312.55 recorded in August 2025.

Given the current price and market indicators, the analysis suggests a cautious approach. While short-term bullish signals may offer opportunities, the longer-term downtrend and overbought hourly conditions signal potential risks.

Rating: Hold. The current price momentum may provide short-term gains, but underlying bearish trends warrant a cautious stance until clearer bullish signals emerge in the longer-term indicators.