Mantle (MNT) is currently trading at $0.987111, showing a slight decline of 0.45722% over the last 24 hours. The price has fluctuated within a daily range of $0.04881%, with a high of $1.03 and a low of $0.98119, indicating a low volatility environment.

Trading volume stands at 101,858,491, which corresponds to a 3.17% volume-to-market cap ratio, suggesting reasonable liquidity. However, the significant drop in price over the past 30 days, approximately 43.43%, highlights a bearish trend that cannot be overlooked.

Technical indicators are also revealing concerning signals; the 1-hour RSI is at 26, indicating that MNT is oversold in the short term. Meanwhile, the 7-day RSI at 45 suggests that momentum is still weak, failing to recover from the declines observed over the past two weeks.

The moving averages reflect a negative sentiment, with all significant SMAs (8, 13, 21, 55, and 144) trading above the current price, suggesting that upward resistance is strong. This trend is further confirmed by the 14-day price change of -21.24%, indicating continued selling pressure in the mid-term.

Given the recent performance and technical indicators, the sentiment around MNT remains pessimistic. While the long-term potential based on its all-time high of $2.86 remains attractive, the immediate outlook is clouded by downward momentum and resistance levels that need to be overcome.

In conclusion, Mantle (MNT) currently exhibits bearish characteristics with weak momentum indicators and resistance from moving averages. Therefore, the rating for MNT is a Sell, as the market conditions do not favor a reversal in the near term, and further downside could be anticipated.