Mantle (MNT) is currently priced at $0.740775, reflecting a notable 6.14% increase over the last 24 hours. The daily trading range has been tight, with a high of $0.746514 and a low of $0.666136, indicating volatility but also suggesting strong support near the lower end.

The trading volume stands at 110,870,140, corresponding to a volume-to-market cap ratio of 4.60%, which indicates healthy trading activity relative to market capitalization. The short-term moving averages show a bullish trend, with the 8 SMA at $0.7298 and rising, while the longer-term 144 SMA at $0.7965 reflects a bearish sentiment over the past period.

The 1-hour RSI is extremely high at 82, suggesting that the asset may be overbought in the very short term. Conversely, the 7-day RSI is at 40, indicating potential weakness and lack of upward momentum, further supported by significant declines over the last 7, 14, and 30 days at -13.7%, -19.83%, and -25.41%, respectively.

Despite the recent price uptick, the substantial negative price changes over the last month indicate an underlying weakness that could lead to a pullback. The all-time high of $2.86 reached in October 2025 is considerably far from the current price, suggesting that the asset has yet to recover from previous highs, making it a less attractive long-term hold at this stage.

Given the overbought conditions indicated by the short-term RSI and the bearish trend in longer timeframes, the recommendation is to hold off on purchasing Mantle at this price point. Therefore, the rating is a Hold, with the expectation that price corrections may occur, allowing for a better entry point in the future.