Mantle Staked Ether (METH) is currently trading at $3,368.58, reflecting a slight decline of -0.48% over the past 24 hours. The daily price range has exhibited volatility, with a high of $3,418.58 and a low of $3,278.67, indicating a significant daily range of 139.91%.

The trading volume stands at 1,805,967, contributing to a volume-to-market cap ratio of 0.23%. Short-term moving averages reveal mixed signals; the 8 SMA is at $3,373.44 (-0.14%), the 13 SMA at $3,361.84 (+0.20%), while the longer-term 55 and 144 SMAs are showing declines of -1.92% and -1.76%, respectively.

The current 1-hour RSI is at 48, suggesting a neutral market condition, while the 7-day RSI is at 50, indicating a balanced momentum. Over the last week, METH has experienced a price increase of approximately 3.87%, alongside a more notable 14-day increase of 4.84%, but the 30-day trend shows a decline of -5.87%.

METH’s all-time high remains at $5,312.55, reached on August 24, 2025, which suggests significant potential for growth in the long term. However, the recent price fluctuations and overall market sentiment suggest caution as METH trades below its longer-term moving averages, which typically act as resistance levels.

Given the mixed technical indicators and the current position relative to key moving averages, a cautious approach is warranted. The market sentiment shows signs of stabilization; however, the underlying trend remains bearish in the longer term due to the 30-day price decline.

Rating: Hold. The current price is near a pivotal support level, and while there is potential for a short-term rebound, the overall trend necessitates a wait-and-see approach before making any aggressive moves.