Mantle (MNT) is currently trading at $0.6294, reflecting a 3.30% decline over the last 24 hours. The price has experienced a daily range of $0.0229, with a high of $0.6509 and a low of $0.6281, indicating a relatively tight trading band amidst declining momentum.

Volume has reached 28,179,868, corresponding to a market cap volume ratio of 1.38%, suggesting limited trading activity relative to its overall market capitalization. Technical indicators show that the hourly moving averages are all declining, with the 8 SMA at $0.6361 (-1.05%) and the 144 SMA at $0.6431 (-2.12%), indicating a bearish trend in the short term.

The 1-hour RSI is at 25, signaling that MNT is in oversold territory, which may suggest a potential for a short-term rebound. However, the 7-day RSI of 44 indicates that selling pressure persists, and the cryptocurrency has experienced significant declines over the last 7, 14, and 30 days of -7.77%, -29.03%, and -36.05% respectively.

Given the substantial drop from its all-time high of $2.86, established on October 9, 2025, the current price reflects a drastic depreciation in value. The persistent downward movement and bearish indicators suggest that traders remain cautious, and there is a lack of bullish momentum to support a price recovery.

In conclusion, based on the current technical and fundamental analysis, Mantle (MNT) is rated as a Sell. The continuous decline in price, coupled with bearish indicators and significant losses over multiple time frames, suggests that further downside is likely before any potential recovery can be considered.