Mantle's recent performance in the cryptocurrency market raises concerns as it continues to underperform. Over the past 24 hours, Mantle has declined by 9.76% against the US Dollar, with similar losses against Bitcoin and Ethereum. This trend is part of a broader 21.69% decline over the past month, despite a 20.44% increase over the past year.
The market sentiment remains bearish, with 72% of indicators signaling a negative outlook. Key support levels are at $1.02, while resistance is seen at $1.04. Despite a predicted 30.20% rise in the next five days, the overall market volatility and bearish sentiment suggest caution.