Mantle (MNT) is currently trading at $0.6362, showing a 2.58% increase in the last 24 hours, with a daily high of $0.6371 and a low of $0.6155. The daily trading range has been relatively narrow at 0.02168%, indicating low volatility, while the volume stands at approximately 25 million, corresponding to a market cap volume ratio of 1.21%.

The hourly moving averages suggest a bullish trend in the short term, as the 8 SMA ($0.6313) and 13 SMA ($0.6289) both show positive changes, with the 55 SMA ($0.6226) reflecting a more substantial gain of 2.18%. However, the 1-hour RSI is elevated at 77, indicating potential overbought conditions, whereas the 7-day RSI at 44 suggests room for upward momentum without being overextended.

Fundamentally, MNT has shown a weak performance over the past week, with a price decline of approximately 1.34%, but it has rebounded positively over the last two weeks with an increase of about 0.94%. The longer-term perspective is less favorable, as the 30-day change indicates a significant decline of nearly 28.70%, raising concerns about sustained bullish momentum.

Given the current price level is significantly below its all-time high of $2.86, which was recorded in October 2025, there is potential for future upside. However, the combination of high RSI readings and recent price performance suggests that caution is warranted for short-term traders.

In conclusion, considering the technical indicators and the mixed fundamental outlook, the recommendation is to Hold MNT. This allows investors to avoid potential downside risks while monitoring for signs of a stronger bullish reversal as momentum builds.