Mantle Staked Ether (METH) is currently trading at $3,395.34, experiencing a 24-hour change of +1.13%. The price has fluctuated between a daily high of $3,431.59 and a low of $3,308.40, indicating a significant daily range of 123.19%.

Volume stands at 2,575,011, contributing to a Vol/Market Cap ratio of 0.35%. The short-term hourly moving averages indicate a slight upward trend, with the 8 SMA at $3,372.78 (+0.67%) and the 13 SMA at $3,380.22 (+0.45%), suggesting potential support levels in the near term.

The 1-hour RSI is currently at 42, indicating that METH is nearing oversold territory, while the 7-day RSI is at 52, suggesting neutral market conditions. Over the past week, METH has gained approximately 12.03%, which reflects a positive short-term sentiment compared to a more modest 6.15% increase over the last two weeks.

Despite a recent decline of 7.33% over the past month, the upward momentum in shorter time frames may signal a reversal. The all-time high for METH remains significantly higher at $5,312.55, recorded on August 24, 2025, indicating substantial upside potential if market conditions improve.

Given the current price action, volume metrics, and relative strength indicators, METH presents a moderate buying opportunity. The combination of short-term upward trends and the potential for recovery from the recent decline leads to a recommendation of Buy, with the understanding that cautious investors should monitor for further confirmation of bullish momentum.