Mantle (MNT) is currently trading at $0.714786, having experienced a notable decline of 7.70% over the past 24 hours. The daily price range has been between $0.683515 and $0.778049, indicating significant volatility in the market, while the trading volume stands at approximately 89.97 million, reflecting a market cap volume ratio of 3.87%.

Technical indicators reveal a bearish trend, particularly with the hourly moving averages all showing negative percentages. The 1-hour RSI is critically low at 16, suggesting oversold conditions, while the 7-day RSI at 40 indicates a lack of bullish momentum despite being above the oversold threshold.

Over the past week, MNT has declined by 21.13%, and the losses extend further, with a 14-day price change of -25.23% and a 30-day change of -25.88%. The consistent downtrend is concerning, particularly when compared to the all-time high of $2.86 reached on October 9, 2025, highlighting the extent of the current price deterioration.

Given the negative price action and bearish technical indicators, the recommendation is to Hold MNT for the time being. While the low RSI suggests a potential for a rebound, the overall downward trend and significant losses over multiple time frames indicate that waiting for clearer bullish signals may be prudent before considering any buy opportunities.