Mantle (MNT) is currently priced at $1.19, reflecting a significant decline of 6.09% over the past 24 hours. The daily trading range is minimal at 0.14%, indicating low volatility, with a current volume of approximately 172 million, which represents 4.43% of its market capitalization.

Technical indicators show that all short-term moving averages are trending downwards, with the 8 SMA at $1.23 down 3.53%, signaling bearish momentum. The 1-hour RSI is notably low at 19, suggesting that MNT is oversold in the short term, while the 7-day RSI at 50 indicates a neutral stance in the medium term.

Fundamentally, MNT's price has seen an increase of 4.26% over the past week and 8.92% over the last 14 days, which shows potential for recovery despite the recent downturn. However, the current price remains significantly below its all-time high of $2.86, reached on October 9, 2025, indicating that the asset is currently underperforming.

Given the current oversold conditions, the potential for a short-term bounce exists, but ongoing bearish signals from the moving averages suggest caution. Therefore, the overall recommendation for MNT is a Hold rating, as it may be prudent to wait for clearer bullish indicators before making any buying decisions.