Mantle (MNT) is currently trading at $0.733118, reflecting a notable decline of 6.76% over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.787451 and a low of $0.733175, indicating decreased volatility amid bearish sentiment.

Volume stands at 63,697,395, which represents 2.66% of the market cap, suggesting moderate trading activity. The recent price action shows a significant downtrend, with the 1-hour RSI at 15, indicating oversold conditions, while the 7-day RSI of 40 reflects continued weakness in the market.

Looking at the moving averages, the 8 SMA is at $0.7684, indicating a decline of 4.59%, while the 144 SMA is at $0.8526, down 14.02%. This consistent downtrend across various time frames signals a bearish market, as prices are trading below all significant moving averages.

Over the past week, MNT has experienced a price drop of 18.15%, with a more substantial decline of 22.68% over the past two weeks. The 30-day price change shows a decrease of 23.87%, reinforcing the overall bearish trend and lack of upward momentum.

Given the significant downward pressure and the inability to break above key resistance levels, a cautious approach is warranted. The all-time high of $2.86, reached on October 9, 2025, now feels distant, with current prices reflecting a substantial loss from that peak.

Overall, the combination of oversold indicators and significant price declines suggests that MNT is in a precarious position. A Hold rating is recommended at this time, as the market may require further consolidation or bullish signals before considering a Buy. However, if the price stabilizes or shows signs of reversal, reevaluation may be necessary.