Mantle (MNT) is currently priced at $1.033, reflecting a 24-hour decline of 1.56%. The price has oscillated between a high of $1.063 and a low of $1.012, indicating a relatively narrow daily range of 0.051%, which suggests subdued trading activity.

Trading volume stands at approximately 72.3 million, corresponding to a volume-to-market cap ratio of 2.15%. This low ratio indicates that there is limited market interest in MNT at the moment, which could result in volatility if buying or selling pressure increases.

Technical indicators show bearish momentum, with the 1-hour and 7-day RSI both at 39, suggesting the asset is approaching oversold conditions. The moving averages paint a mixed picture: the 8-period SMA shows slight upward momentum (+0.10%), while longer-term SMAs are declining significantly, indicating a bearish trend.

Over the past week, MNT has experienced a steep decline of 19.09%, with a 14-day change of -11.56%. Despite a slight recovery over the past 30 days (+4.54%), the overall trend remains negative, reflecting investor hesitance and market uncertainty.

With an all-time high of $2.86 reached in October 2025, MNT is currently trading significantly below this level, indicating potential for long-term growth if market conditions improve. However, the immediate outlook appears bearish, given the lack of buying momentum and the declining moving averages.

Given the current technical indicators, coupled with the ongoing downtrend and weak volume, the recommendation for MNT is to Hold. This position allows investors to reassess market conditions while avoiding potential losses in a volatile environment.