MEW currently trades at $0.00243215, showing a modest 1.97536% increase over the past 24 hours. The daily trading range indicates volatility, with a high of $0.00255506 and a low of $0.00235343, reflecting a daily range of 0.00020163 or approximately 8.3% of the current price.

The trading volume stands at 24,533,055, representing 11.34% of the market cap, which indicates a healthy trading activity for MEW. The moving averages present a mixed picture; the 55 SMA and 144 SMA are both positive, suggesting a potential bullish trend, while the shorter SMAs indicate some resistance around $0.0025.

The 1-hour RSI is at 56, which suggests that MEW is approaching overbought territory, while the 7-day RSI at 51 indicates that the asset is neutral over a longer timeframe. Recent price changes show a -2.84% drop over the past week and a more significant -10.99% decline over the past 14 days, while the 30-day change is positive at 25.18%, indicating volatility but also potential recovery.

Given the all-time high of $0.01288153 reached in November 2024, there is significant room for upside, albeit from a low current price. However, the recent negative price trends and mixed signals from the moving averages suggest caution is warranted.

Considering the current technical indicators, including the resistance at $0.0025 and the neutral RSI readings, it is advisable to hold MEW for now. The asset has potential for recovery, but the short-term fluctuations may require a more favorable entry point for new investments.