Mantle (MNT) is currently trading at $0.575886, reflecting a significant 24-hour decline of 5.23%. The price has fluctuated within a narrow daily range of $0.03059, with a high of $0.607635 and a low of $0.577045, indicating limited volatility in the current trading session.

Trading volume stands at 48,680,856, contributing to a relatively low market cap ratio of 2.59%. The hourly moving averages indicate bearish momentum, with all observed SMAs (8, 13, 21, 55, and 144) showing negative shifts, suggesting continued selling pressure in the near term.

The 1-hour RSI is at 27, indicating oversold conditions, while the 7-day RSI at 40 implies a lack of bullish momentum over the past week. Price changes over the last 7, 14, and 30 days show a downtrend, with losses of 8.25%, 9.98%, and 36.17%, respectively, reinforcing the bearish sentiment in the market.

Despite the significant drop from the all-time high of $2.86, reached on October 9, 2025, the current price level suggests further potential for downside before any recovery can be considered. The current market conditions, along with the strong downward pressure indicated by moving averages and RSI metrics, support a cautious stance.

Given the consistent bearish signals and lack of immediate bullish catalysts, the recommendation for Mantle (MNT) is to Hold. This strategy allows for the potential to reassess as market conditions stabilize, while avoiding premature selling in a downtrend.