Mantle Staked Ether (METH) is currently priced at $3,049.77, exhibiting a 24-hour change of +2.61%. The price movement reflects a daily range of 131%, with a 24-hour high of $3,057.89 and a low of $2,926.89, indicating significant volatility in the recent trading session.

Volume stands at 1,234,509 with a volume-to-market cap ratio of 0.17%, suggesting relatively low trading activity compared to its market capitalization. Short-term moving averages (8 SMA and 13 SMA) are trending positively, both showing gains of approximately 2.33% and 2.71%, which may indicate a bullish momentum, while the 144 SMA is declining at -4.21%.

The one-hour Relative Strength Index (RSI) is currently at 76, indicating overbought conditions, which may suggest a potential pullback in the near term. Conversely, the 7-day RSI at 44 shows that METH is approaching neutral territory, with the price having declined by 11.60% over the past week and 16.22% over the past 14 days, indicating longer-term bearish sentiment.

Despite the recent uptick, the broader trend over the past 30 days has seen a decline of 27.18%, underscoring ongoing bearish pressure. The all-time high of $5,312.55 reached in August 2025 remains significantly above the current price, highlighting the potential for recovery but also the challenges in reclaiming that level in the near term.

Given the mix of overbought signals on the short-term RSI and recent bearish price action, a cautious approach is warranted. Therefore, the recommendation for Mantle Staked Ether (METH) is to Hold, allowing for potential consolidation and monitoring for stronger bullish signals before considering new positions.