Mantle (MNT) is currently trading at $0.966446, experiencing a slight increase of 0.53538% over the last 24 hours. The daily trading range is relatively tight, with a high of $0.972918 and a low of $0.957211, indicating low volatility in recent trading sessions.

Trading volume stands at approximately 29,664,225, which represents 0.94% of the market capitalization, suggesting moderate trading activity. The hourly moving averages show a positive short-term trend, with the 8 SMA at $0.9653 up by 0.11%, while the longer-term 144 SMA is significantly lower at $1.00, reflecting a bearish trend over the past weeks.

The 1-hour RSI is positioned at 58, indicating bullish momentum in the short term, while the 7-day RSI at 42 suggests that MNT is nearing oversold conditions. This divergence between short-term and medium-term indicators indicates potential volatility ahead, as price adjustments may be necessary to align with RSI levels.

Over the past week, MNT has declined by approximately 5.62%, and over the last 14 days, the price has decreased by nearly 14.92%. This consistent downward trend raises concerns about momentum, particularly as the asset has also seen a 30-day decline of about 6.40%.

Despite the potential for a short-term bounce indicated by the positive hourly moving averages and RSI, the longer-term outlook remains bearish, especially given the significant distance from its all-time high of $2.86. This suggests that MNT may continue to struggle to regain upward momentum unless substantial bullish catalysts emerge.

Given the current price action, volume metrics, and RSI analysis, a cautious approach is warranted. Therefore, the rating for MNT is Hold, as the asset shows potential for short-term gains but faces significant challenges in overcoming the longer-term bearish trend.