Mantle (MNT) is currently priced at $0.638401, reflecting a marginal 24-hour change of 0.65196%. The daily trading range has been relatively narrow, with a high of $0.650955 and a low of $0.629734, indicating low volatility in the short term.

The trading volume over the last 24 hours stands at 29,163,496, with a volume-to-market cap ratio of 1.40%, suggesting a moderate level of trading activity compared to its market capitalization. Moving averages indicate a bearish trend, as the 8 SMA is at $0.6402 (-0.28%), and the longer moving averages, such as the 144 SMA at $0.6456 (-1.12%), suggest ongoing downward pressure.

In terms of momentum indicators, the 1-hour RSI is at 37, indicating that MNT is nearing oversold territory, while the 7-day RSI at 45 shows a lack of buying strength over the past week. The price has experienced a significant decline over the last month, with a 30-day change of -35.05%, reinforcing a bearish sentiment in the market.

Despite the current price being significantly below its all-time high of $2.86, reached in October 2025, the recent price movements and technical indicators do not suggest an immediate bullish reversal. The combination of declining price trends, unfavorable moving averages, and weak RSI readings indicate a continuing bearish outlook.

Considering the technical analysis and fundamental data, the recommendation for Mantle (MNT) is to Hold. While there may be potential for recovery in the longer term, the current market conditions and bearish indicators suggest caution before making new purchases.