Mantle (MNT) is currently trading at $1.048, showing a slight 24-hour increase of 0.17395%. The daily price range has been relatively narrow, with a high of $1.061 and a low of $1.037, indicating limited volatility in the short term.

The trading volume over the past 24 hours stands at approximately 48.56 million, representing 1.42% of the market cap, which suggests moderate trading activity. The hourly moving averages indicate mixed signals; the 55 SMA shows a slight upward trend, while the longer-term 144 SMA is declining, reflecting potential bearish pressure.

In terms of momentum, the 1-hour RSI is at 60, suggesting the asset is nearing overbought territory, whereas the 7-day RSI at 41 indicates a bearish sentiment with room for further decline. The asset has experienced a significant price drop of over 19% in the past 14 days, signaling weakness in the medium-term outlook.

Comparatively, the current price is well below its all-time high of $2.86, reached on October 9, 2025, indicating a significant downside potential. Given the recent downtrend and the technical indicators pointing towards potential resistance at the $1.06 level, caution is advised for new positions.

Considering the current technical setup and fundamental factors, Mantle (MNT) is rated as a Hold. While there are signs of short-term consolidation, the overall bearish trend in the medium term warrants a wait-and-see approach before making any new buy decisions.