Mantle (MNT) is currently priced at $0.664784, reflecting a 24-hour decline of 1.96%. The asset has experienced a daily range between a low of $0.662113 and a high of $0.684163, indicating limited volatility with a daily range of just 0.02205%.

Trading volume over the past 24 hours stands at approximately 166.88 million, translating to a volume-to-market cap ratio of 7.46%. This relatively high volume suggests active trading interest, though the recent downward price movement raises concerns about sustained demand at current levels.

The short-term moving averages show a bearish trend, with the 8 SMA at $0.6698, indicating a 0.75% decline, and the 55 SMA showing a 2.22% drop. The 1-hour RSI is notably low at 22, signaling potential oversold conditions, while the 7-day RSI at 46 suggests that momentum is waning but not yet in oversold territory.

Over the past week, MNT has seen a price decrease of approximately 8.57%, while the 14-day and 30-day price changes are down 9.99% and 7.24%, respectively. These figures indicate a consistent bearish trend over both the short and medium term, which could deter new investors from entering the market.

The all-time high of $1.54, reached in early April 2024, represents significant resistance that MNT would need to overcome for a bullish outlook. Given the current price is substantially below this level and the prevailing negative momentum, a cautious stance is warranted.

In conclusion, the overall trend for Mantle (MNT) is bearish, supported by declining moving averages and RSI readings that suggest oversold conditions. Therefore, the recommendation is to Hold, as potential for a rebound exists, but without clear bullish signals, entering a new position carries risk.