Mantle (MNT) is currently priced at $0.626755, reflecting a 24-hour decline of 5.22%. The price has experienced a daily range of $0.051463, with a high of $0.675554 and a low of $0.624091, indicating some volatility but ultimately trending downward in the short term.

Trading volume is at 53,759,546, which corresponds to 2.64% of the market cap, suggesting moderate market activity. The current hourly RSI is at 25, indicating that MNT is heavily oversold, while the 7-day RSI sits at 47, suggesting a neutral to bearish sentiment over the past week.

Moving averages indicate a bearish trend, with the 8 SMA at $0.6457 showing a decline of 2.93%, the 13 SMA at $0.6541 down 4.18%, and the 21 SMA at $0.6572 down 4.63%. The longer-term 144 SMA at $0.6328 is just slightly above the current price, suggesting a potential support level.

In terms of price performance, MNT has seen a 7-day decline of 2.69%, a 14-day drop of 9.59%, and a significant 30-day decrease of 33.23%. The all-time high of $2.86, reached in October 2025, underscores the considerable downward movement from historical peaks, highlighting the current weakness in buyer interest.

Based on the technical indicators and fundamental data, Mantle is currently in a bearish phase with significant downward momentum. Given the oversold conditions reflected in the RSI, a cautious approach is warranted, but the overall negative trend leads to a recommendation of a Hold rating. This position allows for potential recovery if market conditions improve while avoiding additional losses in a continued downtrend.