Mantle (MNT) is currently trading at $0.890287, reflecting a 24-hour decline of 2.6681%. The daily price range has been relatively tight, with a high of $0.923219 and a low of $0.891255, indicating limited volatility in the short term.

Volume has been recorded at 61,123,337, representing a volume-to-market cap ratio of 2.11%, which suggests moderate trading activity relative to its market capitalization. The short-term moving averages show a bearish trend, with the 8 SMA at $0.9111 and the 13 SMA at $0.9108, both reflecting declines of around 2.25% to 2.29%.

The 1-hour RSI is at 31, indicating the asset is in oversold territory, suggesting potential for a price rebound if buying interest increases. However, the 7-day RSI at 51 shows that momentum is neutral, while the 14-day and 30-day price changes of -7.83% and -9.50% indicate a more sustained downward trend.

In terms of historical performance, the all-time high for MNT was $2.86, achieved on October 9, 2025, highlighting significant room for growth from the current price level. However, the recent consistent price declines raise concerns about immediate bullish momentum, particularly with negative price changes over the last 30 days.

Given the current technical indicators showing bearish sentiment, particularly in the moving averages and recent RSI readings, the market outlook for MNT remains cautious. The current price point near the 55 SMA of $0.8931, which has only declined marginally by 0.32%, suggests a potential support level.

Based on this analysis, a Hold rating is recommended at this time. While the asset shows oversold conditions, further confirmation of bullish momentum is required before considering a Buy. Investors should monitor price action closely for signs of recovery or additional declines.