Mantle (MNT) is currently trading at $0.8837, reflecting a 24-hour decline of 3.59%. The asset has shown significant volatility in the past day, with a high of $0.9269 and a low of $0.8772, indicating a daily range of approximately 5.39%.

Trading volume stands at 115,712,633, with a volume-to-market cap ratio of 4.02%, suggesting moderate liquidity in the market. The short-term moving averages indicate bearish momentum, with the 8 SMA at $0.8936 down 1.11% and the 13 SMA at $0.9012 down 1.94%, both reflecting a downward trend.

The 1-hour Relative Strength Index (RSI) is at 23, indicating the asset is heavily oversold in the short term. Conversely, the 7-day RSI at 40 suggests a potential for reversal, although the asset remains under pressure with a 7-day price change of -8.40% and a 14-day change of -21.39%.

MNT has lost approximately 24.11% over the last 30 days, demonstrating a consistent downtrend. The all-time high of $2.86, reached in October 2025, remains far from the current price, indicating a substantial distance to regain previous levels.

Based on the current bearish indicators, oversold conditions in the short term, and the ongoing downtrend, a cautious approach is warranted. Therefore, the recommendation is to Hold, as the potential for a short-term bounce exists, but overall market sentiment remains negative, and significant resistance levels need to be overcome before considering a Buy.