Mantle (MNT) is currently priced at $0.585124, reflecting a minor 24-hour decline of 0.89%. The daily trading range has been tight, with a high of $0.594025 and a low of $0.575105, indicating low volatility during this period.

The trading volume stands at 33,482,151, translating to a volume-to-market cap ratio of 1.76%, suggesting a moderate level of trading activity relative to its market capitalization. Short-term moving averages indicate a slight bullish sentiment, with the 8 SMA and 13 SMA both showing positive changes, while the longer-term 55 SMA and 144 SMA indicate bearish trends, reflecting recent price weakness.

The RSI metrics provide further insights; the 1-hour RSI is neutral at 50, suggesting indecision in the market. However, the 7-day RSI is at 42, indicating potential oversold conditions, as it is below the typical 50 threshold, aligning with a recent downward trend of approximately 8.89% over the week.

Over a longer timeframe, MNT has faced a significant downturn, with a 30-day price change of -35.00%. This extended bearish performance, combined with the current price significantly below its all-time high of $2.86 reached on October 9, 2025, indicates substantial downward pressure.

Considering the current market conditions, the mixed signals from moving averages and RSI metrics suggest a cautious approach. The recent downtrend and inability to break key resistance levels indicate that MNT may not be positioned for immediate recovery.

Given these factors, the recommendation for Mantle (MNT) is a Hold. While there are signs of potential recovery in the short term, the overall bearish trend and low RSI suggest waiting for more favorable market conditions before making a purchase.