Mantle (MNT) is currently trading at $0.952967, reflecting a 3.04% decline over the past 24 hours. The daily price range has been between $0.937543 and $0.994999, indicating a relatively tight trading band and limited volatility in recent sessions.

Trading volume stands at approximately 68,672,835, with a volume-to-market cap ratio of 2.22%, suggesting moderate interest from traders. However, the price has shown a significant downward trend, evidenced by a 10.80% decrease over the past week and a 24.71% decline over the past month.

Technical indicators signal bearish momentum, with the hourly RSI at 25, indicating oversold conditions. Moreover, all short-term simple moving averages (SMAs) are trending downwards, with the 144 SMA showing a 4.91% decline, which reflects a lack of upward momentum in the market.

MNT's all-time high of $2.86, reached in October 2025, highlights a significant gap from the current price level. This disparity suggests a potential for recovery, but the persistent downtrend and current market sentiment may hinder short-term gains.

Given the current technical indicators and fundamental data, MNT is under significant bearish pressure, and caution is advised for potential investors. Therefore, the recommendation is to Hold, as entering a position now may carry high risks until a confirmed trend reversal is observed.