Mantle (MNT) is currently trading at $1.006, reflecting a slight decline of 0.35% over the past 24 hours. The price has fluctuated between a daily high of $1.031 and a low of $0.98119, indicating a modest daily range of 0.04981%.

The trading volume over the last 24 hours stands at approximately 85 million, with a volume-to-market cap ratio of 2.59%. Moving averages indicate a bearish trend, with the 8 SMA at $1.02 showing a decline of 1.42%, and the 13 SMA at the same price reflecting a decrease of 1.26%.

Momentum indicators suggest a lack of buying pressure, with the 1-hour RSI at 45 and the 7-day RSI at 46, both indicating neutral territory. The price performance over various periods is concerning, with the 7-day price change at -8.49%, the 14-day change at -20.36%, and the 30-day change showing a significant drop of 41.74%.

Given the substantial decline from the all-time high of $2.86, reached on October 9, 2025, Mantle is currently experiencing a strong downtrend. The overall bearish momentum, coupled with weak volume and negative price changes across multiple timeframes, indicates that investors are cautious.

In conclusion, the current market conditions for MNT are unfavorable, warranting a Sell rating. The persistent downward pressure and lack of strong technical indicators suggest a continued decline in the near term, making it prudent for investors to exit their positions.