Mantle Staked Ether (METH) is currently trading at $3,590.49, reflecting a notable 6.80% increase over the past 24 hours. The price has oscillated between $3,359.51 and $3,668.08 within the same period, demonstrating a daily range of 308.57%, indicating significant volatility and trading activity.

The trading volume of 8,442,270 suggests robust market interest, though the volume to market cap ratio of 1.08% indicates that liquidity is relatively moderate. Short-term moving averages (8 SMA, 13 SMA, and 21 SMA) show mixed signals, with the 8 SMA slightly bearish at -0.06% and the 13 SMA turning bullish at +0.10%, suggesting a potential shift in momentum.

The RSI indicators indicate a neutral stance, with the 1-hour RSI at 53 and the 7-day RSI at 54, both reflecting a balanced buying and selling pressure. Over the last week, METH has appreciated by approximately 7.86%, with a more substantial 14.84% increase over the past 14 days, contrasting with a decline of about 8.00% over the last 30 days, which indicates fluctuating investor sentiment.

Historically, METH reached an all-time high of $5,312.55 on August 24, 2025, which sets a significant target for future price movements. The current price remains approximately 32.38% below this peak, suggesting room for growth should bullish sentiment persist.

Considering the current bullish momentum indicated by the recent price changes and short-term moving averages, alongside stable RSI readings, I recommend a Buy rating for METH. The significant 24-hour price increase and the potential for further gains make it an attractive entry point, especially for those seeking to capitalize on the upward trend.