Mantle Staked Ether (METH) is currently trading at $3,416.13, reflecting a 2.62% increase over the last 24 hours. The daily price range has been notably volatile, with a high of $3,486.60 and a low of $3,296.67, indicating a 189.93% daily range which suggests substantial market activity.

The volume of 9,663,625 and a volume-to-market cap ratio of 1.28% indicate moderate liquidity, which is essential for maintaining price stability. Short-term moving averages reveal a bearish trend, with the 8 SMA and 13 SMA showing declines of -0.91% and -1.11%, respectively, while the longer-term 55 SMA and 144 SMA are gaining momentum at +3.66% and +5.76%, suggesting potential upward movement in the near future.

The 1-hour RSI at 45 indicates that METH is approaching oversold conditions, which could lead to a price rebound. In contrast, the 7-day RSI of 54 points to a relatively balanced market, as it sits just above the neutral mark, while the 7-day price change of +5.44% suggests a recent bullish trend.

Despite a decline of nearly -9.68% over the past 30 days, the recent positive changes in the shorter time frames are encouraging. The all-time high of $5,312.55 achieved in August 2025 serves as a strong psychological level that traders may aim for in the long run.

Given the recent upward momentum in the 55 and 144 SMAs, along with the 7-day RSI signaling strength, METH is positioned for potential short-term gains. Therefore, the recommendation is to Buy METH, as the indicators suggest a favorable entry point before potential upward price movement.