Mantle (MNT) is currently trading at $0.999411, reflecting a slight increase of 1.15% over the last 24 hours. The daily price action has seen a range between $0.986645 and $1.031, with a daily range volatility of approximately 4.44%.

The trading volume over the past 24 hours stands at $85,634,035, which represents 2.63% of the market cap. Moving averages indicate a bearish trend, with the 8, 13, 21, and 55-hour SMAs showing declines of up to 1.49%, while the 144-hour SMA is nearly flat at -0.22%.

The short-term Relative Strength Index (RSI) at 29 suggests that MNT is approaching oversold territory, indicating potential for a price rebound. However, the 7-day RSI at 47, coupled with significant declines over the past 7, 14, and 30 days (-11.17%, -23.03%, and -41.04% respectively), indicates weak market momentum and bearish sentiment.

The all-time high for MNT stands at $2.86, achieved on October 9, 2025, indicating significant room for recovery. The current price is approximately 65% below this level, suggesting potential long-term upside if market conditions improve.

Given the bearish indicators and weak momentum reflected in both the price changes and RSI readings, a cautious approach is warranted. Therefore, I recommend a Hold rating on MNT, as the short-term risks appear elevated while long-term potential remains intact.