Mantle (MNT) is currently trading at $1.086, reflecting a slight increase of 1.0642% over the past 24 hours. The price has fluctuated between a daily high of $1.099 and a low of $1.064, demonstrating a daily range of just 0.035%, which indicates low volatility in the short term.

Trading volume stands at approximately 100.4 million, giving a volume-to-market cap ratio of 2.84%. The hourly moving averages show a bullish sentiment with the 8, 13, and 21 SMAs all at $1.08, reflecting increases of 0.31%, while the 55 SMA at $1.07 shows a slightly more substantial gain of 1.08%, suggesting short-term upward momentum.

The 1-hour RSI is at 51, indicating a neutral position, while the 7-day RSI at 54 suggests mild bullishness. However, a deeper look into the 14-day and 30-day price changes reveals a decline of 9.78% and 24.87%, respectively, suggesting that the asset has been underperforming in the medium to long term.

Historically, MNT reached an all-time high of $2.86 on October 9, 2025, indicating substantial upside potential from the current price. Despite the recent downturns, the 7-day price change of 8.54% provides a glimmer of hope for recovery, especially in light of the current stabilization in price and volume.

Given the neutral RSI readings and the mixed medium-term performance, a cautious approach is warranted. Therefore, I rate MNT as a Hold, as current price action suggests potential for short-term gains, but medium-term trends remain concerning.