Mantle (MNT) is currently trading at $1.085, reflecting a slight increase of 0.98801% over the past 24 hours. The price has fluctuated within a daily range of $1.06 to $1.085, indicating a stable market environment with low volatility.

The volume traded over the last 24 hours stands at approximately 62.48 million, which represents 1.77% of its market capitalization. This volume level, combined with the relatively low daily price range of 0.025%, suggests a cautious market sentiment with potential for consolidation.

Technical indicators show that the 8, 13, and 21-period simple moving averages (SMAs) are all trending positively, indicating short-term bullish momentum. The 144-period SMA shows a more significant increase of 3.60%, suggesting underlying strength, although the price is still below its all-time high of $2.86, achieved on October 9, 2025.

The Relative Strength Index (RSI) for both the 1-hour and 7-day periods is at 55, indicating a neutral stance with no immediate overbought or oversold conditions. However, the 7-day price change is down 0.38%, while the 30-day change is significantly negative at -13.66%, hinting at potential bearish sentiment over a longer timeframe.

Given the overall stability in the short term, combined with a bullish technical outlook on shorter SMAs, Mantle shows potential for short-term gains. However, the longer-term bearish trends and recent price declines warrant a cautious approach.

Recommendation: Hold. While there are indicators of short-term upward movement, the longer-term price action suggests waiting for more confirmation of a reversal before increasing exposure.