Mantle (MNT) is currently trading at $1.094, reflecting a 2.95% increase over the past 24 hours. The price movement has been within a daily range of $1.055 to $1.13, indicating some volatility but overall stability in the near term.

Volume stands at approximately 94.8 million, contributing to a volume-to-market cap ratio of 2.66%, which suggests a relatively low trading activity compared to the overall market cap. The hourly moving averages show a short-term bearish trend, particularly with the 55 SMA and 144 SMA indicating declines of 3.06% and 7.15%, respectively.

The RSI metrics further highlight a weak momentum, with the 1-hour RSI at 42 and the 7-day RSI at 41, suggesting the asset is nearing oversold conditions. Additionally, MNT has experienced significant downward pressure, with a 7-day price change of -12.69%, a 14-day change of -13.70%, and a 30-day change of -43.68%.

Given the current price level well below its all-time high of $2.86 and the prevailing bearish indicators across multiple time frames, the outlook remains cautious. Technical resistance can be observed around the $1.13 level, while support is found near $1.05.

In summary, MNT is showing signs of short-term recovery but remains in a longer-term downtrend, with key resistance levels not yet broken. Therefore, the recommendation is to Hold, as potential price stabilization and reversal may occur if market conditions improve, but the current trend does not indicate a strong buying opportunity.