Mantle Staked Ether (METH) is currently trading at $3,452.61, reflecting a slight decline of 0.84% over the past 24 hours. The daily trading range has been relatively tight, with a high of $3,512.76 and a low of $3,442.91, indicating subdued volatility.

The trading volume stands at 720,528, which corresponds to a volume-to-market cap ratio of 0.08%, suggesting low trading activity relative to its market cap. The hourly moving averages show a bearish trend, with the 8 SMA at $3,485.37 and declining, indicating potential selling pressure.

The 1-hour RSI is at 38, suggesting that METH is approaching oversold territory, while the 7-day RSI of 45 reflects a slightly weak momentum. The recent price changes show a modest increase of 3.10% over the past week, but a slight decrease of 0.84% over the last 14 days, indicating mixed short-term sentiment.

In the context of its historical performance, METH has seen a significant drop from its all-time high of $5,312.55 reached on August 24, 2025, pointing to a bearish long-term trend. The 30-day price change of 7.54% indicates some recovery, yet the overall trend remains uncertain.

Given the current price action, the bearish moving averages, and the RSI indicators suggesting a lack of strong bullish momentum, the recommendation is to Hold. This strategy allows investors to reassess their positions while monitoring for signs of a potential reversal or sustained upward momentum in the coming weeks.