Mantle (MNT) is currently trading at $0.635042, reflecting a 24-hour decline of 2.31%. The price has fluctuated within a daily range of $0.634904 to $0.675554, indicating a relatively tight trading range with a volatility of approximately 0.04065%.

The trading volume stands at approximately $48.77 million, which constitutes 2.36% of the market cap, suggesting moderate interest from traders. The hourly moving averages indicate bearish sentiment, with the 8 SMA at $0.6676 and declining by 4.88%, while the 144 SMA is slightly bullish at $0.6329, up 0.34%.

The RSI metrics suggest a bearish trend; the 1-hour RSI is significantly low at 25, indicating oversold conditions. Conversely, the 7-day RSI at 49 suggests a neutral momentum, while the price changes over the last 7, 14, and 30 days highlight ongoing bearish trends of -2.16%, -10.66%, and -33.43%, respectively.

Given the substantial distance from the all-time high of $2.86, reached in October 2025, MNT remains under considerable selling pressure. The price is currently below key moving averages, which typically signals a lack of upward momentum.

In summary, while the current price presents an opportunity for speculative buying given the oversold RSI, the prevailing bearish trends in the shorter time frames indicate that the market may not have reached a bottom yet. Therefore, a Hold rating is recommended, as potential buyers should wait for clearer bullish signals before entering a position.