MANTRA (OM) is currently priced at $0.3147, reflecting a 24-hour decline of 5.15%. The daily trading range is narrow at $0.0198, indicating limited volatility, with the price fluctuating between $0.3120 and $0.3319 in the last 24 hours.

Trading volume stands at 53,235,161, accounting for 17.45% of the market cap, which suggests moderate trading activity relative to the total market. The hourly moving averages are all trending downward, with the 8 SMA at $0.3232 showing a decline of 2.63%, reinforcing bearish sentiment in the short term.

The 1-hour RSI is at 25, signaling an oversold condition, while the 7-day RSI sits at 40, indicating potential further weakness. Over the past week, the price has dropped by approximately 18.70%, and the 14-day and 30-day changes reflect more significant declines of 23.80% and 21.13%, respectively, suggesting a strong downward trend.

The all-time high of $8.99, reached on February 23, 2025, highlights the significant distance from the current price, indicating that the asset is currently undervalued relative to its historical peak. However, the persistent downtrend and recent price action suggest that a recovery may take time and could be dependent on broader market conditions.

Given the current oversold technical indicators, the bearish price trend, and the significant declines in recent periods, the recommendation is to Hold. This strategy allows for potential recovery in the short term while monitoring for signs of reversal before making any additional trading decisions.