Mantle (MNT) is currently priced at $0.863722, reflecting a notable 4.53% decline over the last 24 hours. The daily trading range has been tight, with a low of $0.863611 and a high of $0.910614, indicating a 24-hour volatility of just 0.047003%.

The trading volume of 58,813,903 suggests moderate market activity, with a volume-to-market cap ratio of 2.09%. Short-term moving averages confirm a bearish trend, with the 8 SMA at $0.8859 and the 13 SMA at $0.8912, both indicating downward momentum in the last few sessions.

The 1-hour RSI stands at 7, which is deeply in the oversold territory, suggesting a potential for a short-term rebound. In contrast, the 7-day RSI of 45 indicates that the asset is nearing neutral territory but lacks upward momentum, having experienced a 9.58% decline over the past week.

In terms of longer-term performance, MNT has dropped approximately 12.56% over the past 14 days and 16.38% over the last 30 days, indicating persistent selling pressure. The all-time high of $2.86, reached on October 9, 2025, remains significantly above the current price, highlighting the asset's substantial retracement.

Given the current technical indicators and price action, Mantle appears to be in a corrective phase with potential for short-term volatility. However, the oversold RSI may provide an opportunity for a bounce, but the overarching trend remains bearish.

Rating: Hold. The oversold condition suggests a possible short-term recovery, but the overall downtrend and recent price history indicate caution for long-term investment.