Mantle (MNT) is currently priced at $0.984821, reflecting a 4.47% increase over the last 24 hours. The daily trading range has been relatively narrow, with a high of $0.985485 and a low of $0.926538, indicating limited volatility.

The trading volume stands at 105,913,072, contributing to a volume-to-market cap ratio of 3.31%. This level of volume suggests moderate market activity, which is essential for confirming price movements and trends in the short term.

Short-term moving averages are showing bullish signals, with the 8 SMA at $0.9516 and the 13 SMA at $0.9498 both trending upwards by approximately 3.5%. However, the 55 SMA is at $1.00 and shows a decline of 1.84%, indicating a potential resistance level that could hinder upward movement.

The 1-hour RSI is at 62, suggesting that MNT is nearing overbought territory, while the 7-day RSI is significantly lower at 42, reflecting bearish momentum over the week. Additionally, the price has experienced substantial declines of 17.65% over the past week, 23.41% over the last two weeks, and a notable 41.48% drop over the past month, indicating a bearish trend in the medium to long term.

Given the recent price increase alongside the negative longer-term price changes, the current market sentiment appears mixed. MNT is significantly below its all-time high of $2.86 reached on October 9, 2025, which further highlights the current bearish pressure in the market.

Based on the technical indicators and price trends, a cautious approach is warranted. Therefore, I recommend a Hold rating for MNT at this time, as the recent upward movement may not be sustainable without stronger volume support and a reversal in the longer-term trend.