Mantle Staked Ether (METH) is currently priced at $3,369.07, exhibiting a 24-hour decline of 1.99943%. The daily trading range has been relatively wide, between $3,325.23 and $3,476.75, reflecting a volatility of 151.52%, which indicates a responsive market environment.

Volume for the past 24 hours stands at 5,079,273, with a volume-to-market cap ratio of 0.68%, suggesting moderate trading activity relative to its overall market capitalization. The hourly moving averages show a bearish trend, with the 8 SMA at $3,409.29 down 1.18%, and the 13 SMA at $3,401.27 down 0.95%, further indicating potential downward pressure on price.

The Relative Strength Index (RSI) readings present mixed signals; the 1-hour RSI is at 40, indicating that METH is approaching oversold territory, while the 7-day RSI at 53 suggests a neutral market sentiment. The price has changed positively over the past week by 1.77% and shows a significant 15.47% increase over the past 14 days, but the 30-day change indicates a decline of 4.76%, highlighting inconsistent short-term performance.

Given the current price is significantly below its all-time high of $5,312.55 achieved in August 2025, there is potential for recovery. However, the recent downtrend and bearish moving averages warrant caution for immediate bullish positions.

In conclusion, the mixed RSI signals and bearish moving averages suggest that while there may be short-term volatility, the potential for a rebound exists, but the market is currently under pressure. Thus, the recommendation for Mantle Staked Ether (METH) is to Hold, as entering new positions may be premature until clearer bullish indicators emerge.