Mantle (MNT) is currently trading at $0.711443, reflecting a 2.25% increase over the past 24 hours. The daily price range indicates volatility, with a high of $0.746514 and a low of $0.666136, leading to a narrow daily range of 0.080378%.

The volume of 91,007,689 suggests moderate trading activity, corresponding to 3.93% of the market cap. However, moving averages indicate a bearish trend; the 8 SMA and 13 SMA are both below their respective levels, showing declines of -2.54% and -2.78%.

The hourly RSI stands at 48, indicating a neutral momentum, while the 7-day RSI at 38 suggests that MNT is nearing oversold conditions. The 7-day price change of -17.91%, along with the 14-day and 30-day declines of -22.20% and -31.71%, respectively, points to a significant downtrend in recent weeks.

Despite the current price being substantially lower than its all-time high of $2.86, the negative momentum and downward trend in the moving averages highlight ongoing bearish sentiment. The overall technical indicators suggest a lack of buying pressure, which could further suppress price action in the short term.

Based on the current analysis, Mantle (MNT) carries a Sell rating. The negative price trends and bearish moving averages indicate that further downside may be ahead, making it advisable to exit or avoid entering new positions at this time.