Mantle Staked Ether (METH) is currently priced at $2,962.22, reflecting a marginal 24-hour change of 0.11605%. The daily trading range is relatively tight, with a high of $3,007.03 and a low of $2,922.53, indicating limited volatility in the short term.

The volume of 1,191,346 translates to a volume-to-market cap ratio of 0.17%, suggesting that trading activity is subdued relative to the market cap. Short-term moving averages show mixed signals; the 8 SMA and 13 SMA are slightly bullish, while the 21 SMA is neutral and the 55 SMA shows a bearish trend, indicating a potential reversal may not be imminent.

The 1-hour Relative Strength Index (RSI) sits at 46, indicating that METH is neither overbought nor oversold in the immediate term. In contrast, the 7-day RSI at 45 suggests consistent bearish pressure, while longer-term metrics indicate a significant downtrend, with 30-day price change at -28.55%.

Historically, METH reached an all-time high of $5,312.55 on August 24, 2025, emphasizing the potential for price recovery if market conditions improve. However, the current trend shows a loss of approximately 19.2% over the past 14 days and 13.5% over the past week, highlighting ongoing bearish sentiment.

Given the combination of short-term stability and longer-term bearish indicators, a cautious approach is warranted. The current technical indicators, along with the downward price trends, suggest that METH may face further challenges before a sustainable rally can be established.

In conclusion, the rating for Mantle Staked Ether (METH) is a Hold. This recommendation is based on the need for confirmation of a reversal in price trends and stronger volume signals before considering a bullish stance.