Mantle Staked Ether (METH) is currently priced at $3,397.04, reflecting a 3.30% increase over the past 24 hours. The asset has experienced a daily trading range of 245.69%, with a high of $3,431.59 and a low of $3,185.90, indicating significant volatility and active market participation.

Trading volume stands at 4,926,244, contributing to a volume-to-market cap ratio of 0.66%, which suggests moderate liquidity. The short-term moving averages indicate a bullish sentiment, with the 8 SMA at $3,395.35 and the 21 SMA showing a positive trend at $3,357.10, while the 55 SMA reflects a stronger momentum at $3,312.30.

The 1-hour RSI is at 79, indicating that METH is currently overbought in the very short term, which may lead to a price correction. In contrast, the 7-day RSI at 53 suggests that the asset is trading in a more neutral range, implying potential for continued upward movement without immediate overextension.

Over the past week, METH has appreciated by approximately 10.73%, and a longer 14-day analysis shows a price increase of 12.44%. However, a 30-day price change of -7.81% indicates that the asset has struggled to maintain upward momentum in the medium term, reflecting potential resistance levels.

The all-time high of $5,312.55 achieved on August 24, 2025, sets a significant resistance point, and the current price is approximately 36% below this peak. Given the current momentum and technical indicators, METH is positioned for potential short-term gains, but the overbought conditions may suggest caution.

In conclusion, I recommend a Hold rating for Mantle Staked Ether (METH) at this time. While the asset shows short-term bullish indicators, the overbought RSI and previous price struggles suggest that traders should monitor for potential corrections before making any further commitments.