Mantle (MNT) is currently priced at $1.15, reflecting a 24-hour change of -4.19%. The asset has experienced a daily range between $1.13 and $1.23, indicating significant volatility in the short term.

Trading volume stands at approximately 135.79 million, with a volume-to-market cap ratio of 3.64%, suggesting moderate market activity. The hourly moving averages indicate a bearish trend, with the 8 SMA at $1.19 down 3.65%, and the 144 SMA at $1.26 down 8.73%, highlighting downward pressure on the price.

The 1-hour RSI is at 24, signaling oversold conditions, while the 7-day RSI at 46 suggests a lack of momentum for a rebound. Over the past week, MNT has declined by 3.27%, although it shows a stronger 14-day price change of 6.78%, indicating potential for recovery.

Despite the recent downturn, MNT's all-time high remains significantly higher at $2.86, reflecting long-term growth potential. However, current bearish indicators and low RSI suggest caution in the short term.

Based on the analysis of price trends, volume metrics, and technical indicators, a Hold rating is recommended. The oversold condition may present a buying opportunity, but the prevailing bearish trend warrants a cautious approach before committing additional capital.