Mantle (MNT) is currently trading at $0.701975, reflecting a 24-hour decline of 3.30%. The price has fluctuated between a high of $0.733329 and a low of $0.685032 over the past day, indicating a daily range of 0.0483%.

Trading volume stands at approximately 77.6 million, which contributes to a volume-to-market cap ratio of 3.40%. The short-term moving averages are showing bearish momentum, with the 8 SMA at $0.7040 down 0.29% and the 21 SMA at $0.7120 down 1.40%, suggesting continued downward pressure in the near term.

The 1-hour RSI is currently at 34, indicating that MNT is nearing oversold conditions, while the 7-day RSI at 41 reflects a lack of bullish momentum. The asset has seen significant price depreciation, with a 7-day price change of -22.69% and a 30-day change of -34.30%, highlighting a bearish trend.

Technical indicators suggest that the asset has faced substantial resistance at higher levels, particularly around the 55 SMA at $0.7191, which is down 2.38%. Given that the all-time high was $2.86 in October 2025, current prices remain significantly below this threshold, indicating potential volatility but also risk.

In summary, MNT's current price action shows bearish momentum and declining RSI levels, reinforcing the potential for further downside in the short term. Therefore, based on the analysis of technical indicators and price movements, a Sell rating is recommended as there is a lack of immediate bullish signals and the trend remains negative.