Mantle (MNT) is currently trading at $0.8804, reflecting a 24-hour change of -1.40%. The price has seen a daily range between $0.8730 and $0.9032, indicating a tight trading band with relatively low volatility given the 24-hour volume of approximately $75.2 million, corresponding to a volume/market cap ratio of 2.63%.

Technical indicators suggest a bearish trend as the hourly moving averages show a downward trajectory. The 8 SMA is at $0.8787, showing a slight increase, while the longer moving averages (13 SMA at $0.8844 and 21 SMA at $0.8886) are declining, with the 144 SMA significantly lower at $0.9164, indicating sustained selling pressure over the last few weeks.

Momentum indicators confirm bearish sentiment with the 1-hour RSI at 23, indicating oversold conditions, while the 7-day RSI is at 44, suggesting a lack of strong buying interest. Furthermore, MNT's price has decreased by approximately 8.46% over the last week, 12.15% over 14 days, and 16.84% over the past month, reinforcing the downward trend.

The all-time high of $2.86 reached in October 2025 illustrates significant potential for MNT; however, the current price is still substantially below this level. This gap indicates a potential for recovery, but significant resistance exists at the $0.90 level, which must be overcome to trigger any substantial upward movement.

Given the current technical indicators, price trends, and overall market sentiment, the recommendation for Mantle (MNT) is to Hold. The oversold conditions may provide a buying opportunity, but caution is advised until there are clear signs of a trend reversal and stronger bullish momentum.