Mantle (MNT) is currently trading at $0.618992, reflecting a 24-hour decline of 3.26%. The price has fluctuated between $0.6121 and $0.640222 in the last 24 hours, indicating a relatively tight daily range of 0.028122%.

Trading volume over the past day stands at approximately $36.97 million, contributing to a market cap volume ratio of 1.84%. The hourly moving averages show a consistent downward trend, with the 8 SMA at $0.6357 (-2.63%) and the 55 SMA at $0.6342 (-2.40%), suggesting bearish momentum in the short term.

The 1-hour RSI is notably low at 28, indicating oversold conditions, while the 7-day RSI at 49 shows a neutral stance. The price has decreased by 2.80% over the past week, and a more significant drop of 27.92% has been observed over the last 30 days, reflecting ongoing selling pressure.

With an all-time high of $2.86, the current price represents a substantial retracement from historical peaks. Given the current technical indicators and declining price trends, a cautious approach is warranted in the short term.

Considering the recent price action and moving averages, a Sell rating is recommended. The bearish momentum coupled with oversold conditions suggests potential for a further decline before any significant recovery can be anticipated.