Mantle (MNT) is currently priced at $0.982148, experiencing a slight increase of 0.53% over the last 24 hours. The daily price range has been narrow, with a high of $1.022 and a low of $0.977003, indicating limited volatility in the short term.

The trading volume stands at approximately 68.49 million, reflecting a volume-to-market cap ratio of 2.14%. This suggests a relatively low level of market participation, which could affect price stability and indicate potential selling pressure.

Technical indicators reveal a bearish trend, with the 8 SMA at $1.02 and the 13 SMA at $1.01, both showing negative percentages of -3.32% and -3.14% respectively. The 1-hour RSI is at 39, indicating oversold conditions, while the 7-day RSI of 45 suggests that MNT is nearing oversold territory, potentially signaling a reversal.

From a longer-term perspective, MNT has experienced significant declines, with a 7-day price change of -6.29%, a 14-day drop of -13.72%, and a 30-day decrease of -10%. The all-time high of $2.86 remains far from the current price, indicating substantial downside from previous peaks.

Given the current price action, bearish moving averages, and low RSI readings, the outlook for MNT is cautious. The lack of strong buying momentum and the proximity to key support levels suggest a Hold rating for now, as the market may require further consolidation or a clear reversal signal before considering a Buy.