Mantle (MNT) is currently priced at $1.02, reflecting a significant decline of 8.24% over the past 24 hours. The asset has experienced a daily high of $1.11 and a low of $1.016, indicating a tight trading range with a daily fluctuation of only 0.094%.

Trading volume stands at approximately $86 million, which is relatively low given the market cap, with a volume-to-market cap ratio of 2.59%. This suggests limited liquidity and may contribute to the volatility observed in recent price movements.

Technical indicators show a bearish trend, with all key moving averages (8, 13, 21, 55, and 144 SMA) indicating negative percentages from the current price. The 1-hour RSI is at a critical level of 20, signaling oversold conditions, while the 7-day RSI at 41 suggests the asset is nearing the oversold territory but not quite there yet.

The longer-term price changes also indicate weakness, with a 7-day decline of nearly 19.79% and a 14-day decrease of 9.48%. Despite being 64% below its all-time high of $2.86 reached on October 9, 2025, the current price level represents a significant resistance barrier that MNT must overcome for bullish sentiment to return.

Given the current market conditions, including the bearish technical indicators, low trading volume, and significant recent price declines, a cautious approach is warranted. Thus, the recommendation for Mantle (MNT) is to Hold, awaiting confirmation of a trend reversal or a significant improvement in volume and market sentiment before considering a Buy.