Mantle (MNT) is currently trading at $1.012, reflecting a 24-hour decline of 2.21%. The price has shown a daily range of $1.004 to $1.063, indicating low volatility in recent trading sessions.

Trading volume stands at approximately 67 million, with a volume-to-market cap ratio of 2.03%. This suggests that trading activity is modest relative to the overall market capitalization, which may indicate a lack of strong conviction among traders.

The short-term moving averages are all trending downward, with the 8, 13, 21, and 55 SMA showing declines ranging from 2.74% to 3.29%. This consistent bearish sentiment in moving averages suggests that MNT is in a negative trend and may face continued pressure in the near term.

The 1-hour Relative Strength Index (RSI) is at 35, indicating that MNT is approaching oversold conditions. However, the 7-day RSI at 46 suggests that while there is some selling pressure, it is not yet in the extreme oversold territory, which could imply limited immediate rebound potential.

Over the last week, MNT has declined by 11.52%, and over the past 14 days, the price has dropped by 18.03%. Additionally, the 30-day change of -6.51% reinforces the notion that the asset has been underperforming and lacks upward momentum.

Despite the all-time high of $2.86 achieved on October 9, 2025, the current price is significantly lower, indicating a substantial drawdown from previous highs. This long-term perspective highlights the risk involved in potential recovery, as the asset has struggled to maintain upward momentum.

Given the current price action, technical indicators pointing to bearish momentum, and the lack of strong buying interest, the recommendation is to Hold Mantle (MNT) at this time. This strategy allows investors to assess whether the price stabilizes and shows signs of recovery before making further commitments.