Mantle (MNT) is currently trading at $1.17, experiencing a slight decline of 0.92% over the past 24 hours. The daily trading range has been narrow, fluctuating between a high of $1.19 and a low of $1.16, indicating limited volatility in the short term.

The trading volume stands at approximately 117.36 million, contributing to a volume-to-market cap ratio of 3.08%, suggesting moderate liquidity. Moving averages indicate a mixed sentiment; the short-term 8, 13, and 21 SMA are showing slight upward trends, while the longer-term 144 SMA is down by 2.23%, reflecting potential resistance at higher price levels.

The Relative Strength Index (RSI) indicates a neutral position at 55 for the 1-hour timeframe, while the 7-day RSI at 46 suggests that MNT is approaching oversold territory. Additionally, MNT has seen a significant price decrease of approximately 8.73% over the past week, contrasting with a positive trend of 3.92% over the last 14 days and a robust increase of 23.55% in the past 30 days.

Historically, MNT's all-time high was $2.86 in October 2025, which serves as a key resistance level for future price movements. Given the current price action, mixed technical indicators, and recent performance trends, the market sentiment appears cautiously optimistic but requires monitoring for potential bullish reversals or further declines.

Considering the current data, a Hold rating is recommended. The short-term technical indicators show potential for stabilization, while the recent upward momentum over the longer term could present buying opportunities if the price maintains above $1.16. However, caution is warranted given the recent 7-day decline.