Mantle Staked Ether (METH) is currently priced at $3,261.58, reflecting a 2.93% increase over the past 24 hours. The asset's daily trading range has been notably volatile, with a high of $3,287.83 and a low of $3,142.45, indicating a robust daily range of 145.38%.

The trading volume of 2,383,279 suggests moderate market activity, with a volume-to-market cap ratio of 0.28%. The moving averages show a mixed trend; the 8 SMA is slightly negative at -0.08%, while the longer-term 55 SMA indicates a positive trend with an increase of 2.69%.

Short-term momentum as indicated by the 1-hour RSI stands at 54, suggesting a neutral position, while the 7-day RSI is at 50, reflecting a lack of directional strength over the past week. Despite a 0.89% price increase over the last seven days, the 14-day and 30-day price changes indicate bearish sentiment with declines of -9.57% and -0.71%, respectively.

The all-time high for METH was $5,312.55, achieved on August 24, 2025, which highlights significant potential for future growth. However, the recent price declines may indicate a resistance level that traders should be cautious of as the asset attempts to regain upward momentum.

Given the current price action, mixed moving average signals, and RSI readings indicating a lack of strong momentum, I recommend a Hold rating for METH. This position allows for observation of market behavior in the face of recent volatility and potential accumulation before deciding on future trades.