Mantle Staked Ether (METH) is currently trading at $3,039.96, reflecting a significant decline of 6.81% over the past 24 hours. The asset has exhibited volatility within a daily range of $282.15, with a high of $3,282.19 and a low of $3,000.04, indicating potential price instability.

Trading volume stands at 2,613,508, accounting for 0.33% of the market cap, suggesting moderate activity relative to its overall valuation. The hourly moving averages reveal a bearish trend, with all significant SMAs (8, 13, 21, 55, and 144) showing negative price changes, indicating downward momentum.

The 1-hour RSI is at a critically low level of 20, signaling that METH is oversold in the short term. In contrast, the 7-day RSI of 46 suggests that METH is nearing neutral territory, with a potential for a short-term rebound if buying interest picks up.

Over the last 7 days, METH has experienced a price decrease of 5.05%, while the 14-day and 30-day price changes of -15.25% and -5.37%, respectively, indicate a longer-term bearish sentiment. Given that the current price is still significantly below its all-time high of $5,312.55 reached on August 24, 2025, there may be concerns regarding the asset's long-term recovery potential.

Given the current bearish momentum, oversold condition in the short term, and the lack of strong bullish indicators, a cautious approach is warranted. Therefore, the recommendation for Mantle Staked Ether (METH) is to Hold, awaiting clearer signs of reversal or stabilization in the market before making any new buying decisions.