Mantle (MNT) is currently trading at $0.959928, reflecting a slight 24-hour increase of 0.49845%. The daily price action remains contained within a range of $0.94887 to $0.978521, indicating limited volatility in the short term.

Trading volume stands at approximately 96.9 million, representing a 3.10% share of its market cap, which suggests moderate interest from investors. However, the hourly moving averages are showing bearish momentum, with the 8 SMA at $0.9618 down 0.20%, and the 55 SMA considerably lower at $0.9755, down 1.59%.

The Relative Strength Index (RSI) metrics indicate weakness; the 1-hour RSI is at 35, suggesting the asset is nearing oversold conditions. Conversely, the 7-day RSI at 49 indicates a neutral stance but reflects a 7-day price decline of approximately 2.75%, further supporting the bearish outlook.

Over a longer time frame, the 14-day price change shows a minimal drop of 0.79%, while the 30-day price change reveals a significant decline of nearly 24.58%. This sustained downward trajectory highlights potential bearish sentiment as the price remains far from its all-time high of $2.86 reached on October 9, 2025.

Considering the current technical indicators and recent price action, a cautious approach is warranted. The bearish momentum in moving averages and RSI readings suggest a Sell rating at this time, as the market lacks the momentum necessary to initiate a recovery. Investors should monitor for signs of stabilization or reversal before considering re-entry.