Mantle (MNT) is currently priced at $0.927719, reflecting a 24-hour decline of 2.21%. The trading range over the last 24 hours has been between $0.890116 and $0.976355, indicating a volatile period with a daily range of 8.62%.

The trading volume stands at 160,206,751, representing 5.31% of the market cap, which suggests moderate activity relative to its overall valuation. Technical indicators show a bearish trend, with all key hourly moving averages (8 SMA, 13 SMA, 21 SMA, 55 SMA, 144 SMA) trading below the current price, implying selling pressure.

The 1-hour RSI is at 34, indicating that MNT is nearing oversold conditions, which could suggest a potential reversal if buying interest returns. However, the 7-day RSI at 47 shows that the asset is still in a consolidation phase, while the longer-term metrics reveal a significant price decline of 18.53% over the past 30 days.

Fundamentally, MNT is significantly below its all-time high of $2.86, recorded in October 2025, suggesting a substantial distance for recovery. The persistent downward trend over the past two weeks (down 12.07%) and the last week (down 6.48%) indicates a lack of bullish momentum, which could deter new investments.

Given the current technical and fundamental data, the outlook for MNT is cautious. The combination of bearish moving averages and RSI readings suggests that further declines could be possible in the near term, making it prudent to adopt a Hold rating at this juncture to assess potential price stabilization or reversal signals.