Mantle Staked Ether (METH) is currently trading at $3,589.32, reflecting a strong 24-hour increase of 6.31%. The daily trading range has been significant, with a high of $3,668.08 and a low of $3,346.90, indicating volatility that traders can capitalize on.

The volume over the past 24 hours stands at 8,399,298, resulting in a volume-to-market cap ratio of 1.08%. Moving averages reveal a bullish trend across several periods; notably, the 21 SMA and 55 SMA show positive shifts of 3.48% and 5.30%, respectively, indicating upward momentum in shorter-term trends.

The 1-hour Relative Strength Index (RSI) is at 78, suggesting that METH is currently overbought, which could lead to a short-term correction. In contrast, the 7-day RSI of 53 indicates a more neutral position, reflecting moderate buying interest without extreme pressure.

Over the past week, METH has appreciated by approximately 9.56%, while the 14-day price change is even more robust at 11.85%. However, the 30-day price change shows a decline of about 8.14%, suggesting that recent gains may be part of a corrective bounce rather than a sustainable uptrend.

Given the all-time high of $5,312.55 reached on August 24, 2025, there remains substantial room for growth in the longer term. However, current overbought conditions and a potential correction from the recent rally suggest caution in entering new positions immediately.

In conclusion, while the immediate trend shows bullish momentum, the high RSI indicates a likely pullback in the short term. Therefore, the rating for METH is Hold, as traders should monitor for signs of stabilization before considering new positions or adjustments.