Mantle (MNT) is currently priced at $0.619373, reflecting a 24-hour decline of 3.26%. The asset has seen a daily trading range between $0.619191 and $0.642271, indicating a relatively narrow volatility environment.

Trading volume stands at approximately 27.59 million, resulting in a volume-to-market cap ratio of 1.37%, which is modest. The short-term moving averages are showing negative momentum, with the 8 SMA at $0.6295 and the 13 SMA at $0.6297, both down by around 1.6% to 1.64%, suggesting bearish sentiment persists.

The 1-hour Relative Strength Index (RSI) is notably low at 20, indicating that MNT may be oversold in the short term. In contrast, the 7-day RSI at 44 shows the asset is nearing a neutral zone but still reflects bearish pressure, particularly after a 13.58% decrease over the past week.

Longer-term price movements reveal a significant downtrend, with the 14-day price change at -30.86% and the 30-day price change at -37.04%. This consistent depreciation signals underlying weakness in market sentiment and potential challenges in regaining upward momentum.

Given that MNT is trading far below its all-time high of $2.86, set on October 9, 2025, the current price reflects substantial downside risk. Market conditions and technical indicators suggest that the asset lacks strong bullish catalysts at this time.

Based on the analysis of current market data and indicators, a Sell rating is warranted for MNT. The persistent bearish trend, low RSI levels, and negative moving averages indicate that further price declines are likely before a potential reversal can be considered.