Mantle Staked Ether (METH) is currently trading at $3,274.90, reflecting a 4.34% increase over the last 24 hours. The daily price range has been quite volatile, with a high of $3,322.52 and a low of $3,121.34, indicating a significant daily range of 201.18%.

Trading volume stands at 2,343,846, with a volume-to-market cap ratio of 0.31%, suggesting relatively low trading activity compared to the market cap. The hourly moving averages present a mixed picture; while the 8 SMA is flat at $3,274.96, the longer-term 55 SMA shows a 2.77% increase, indicating a potential upward trend.

The 1-hour RSI is at 70, suggesting that METH is overbought in the short term and may be due for a correction. Conversely, the 7-day RSI at 57 indicates that the asset is nearing neutral territory, while the 14-day and 30-day price changes are negative, reflecting a bearish trend over the longer term.

Despite the recent uptick in price, the overall longer-term sentiment remains negative, with a 30-day price change of -26.33%. The all-time high of $5,312.55 remains a significant resistance level, while the current price still has room for further gains but faces substantial pressure from recent downtrends.

In summary, while METH is experiencing short-term bullish momentum, the longer-term indicators suggest caution due to negative price changes over the past month. Therefore, the recommendation is to Hold, allowing for potential short-term gains while monitoring for broader market trends that could impact future performance.