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Mantle

TradeCityPro | MNT: Momentum in Mantle's Layer 2 Network👋 Welcome to TradeCityPro! In this analysis, I’ll review MNT, the token for the Mantle Network, which is a Layer 2 solution on Ethereum. Over the past few weeks, this token has shown significant bullish activity. If you’ve been following our YouTube channel, you’ve likely participated in the Cook airdrop on Mantle and bought MNT at lower prices. 🔍 After the price reached the $1.2701 zone and made a false breakout, it failed to reach the $1.4386 resistance level and began a correction, retracing to the 0.236 Fibonacci level. 📊 Despite the ongoing correction, selling volume has decreased, and green candles exhibit higher volumes, indicating the strength of MNT’s bullish trend. 📈 If the price breaks through $1.2701, it can easily register a new all-time high. However, to determine the precise targets, we need to wait for the breakout confirmation and utilize Fibonacci extension levels. 🧩 If the price fails to hold the 0.236 Fibonacci level, it could drop further toward the 0.382 level, which overlaps with the $0.9248 support zone. 🔽 Further support zones include the 0.5 Fibonacci level at $0.83 and the range between 0.707 and 0.786 Fibonacci levels, which intersects with the $0.655 support zone. A breach of the $0.655 support would indicate the end of the uptrend, with the final major support resting at $0.5373. ✨ Additionally, breaking the 50 RSI support would increase the likelihood of a bearish continuation scenario. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Long
by tradecitypro
17
Mantle (MNT)Mantle (MNT) is a Layer 2 scaling solution for Ethereum, built on top of the Ethereum blockchain. It leverages Optimistic Rollup technology to securely log transactions off-chain before settling them on-chain, offering lower transaction fees and higher throughput compared to Ethereum. Anyway, MNT chart is straightforward; an upward wave followed by a correction which went down to 0.618 Fib retracement level. Then MNT broke the correction downtrend line and is going up. Let's see how high MNT can go.
Long
by SaeedSalehinia
MNT - Is it a Perfect Buy Opportunity?The current support level presents a tempting opportunity. Currently trading at $1.10, finding support on the 4-hour timeframe chart. If bulls can hold the price at or above this support level, it could signal a potential reversal and an upward trend. If the bulls can maintain control, $1.1452 is a possible target price. This represents a potential upside of approximately 4% from the current price. Caution is always advisable, conduct your own research and employ proper risk management strategies before making any investment decisions.
Long
by Z4F4R
MANTLE (MNT)Mantle (MNT) is an emerging cryptocurrency that focuses on creating a robust layer-1 blockchain platform aimed at delivering high scalability, security, and interoperability. Mantle aims to streamline blockchain adoption across various industries by offering a flexible and efficient framework that supports a wide array of decentralized applications. The current price of Mantle (MNT) is $0.97 with a 24-hour trading volume of $10 million. MNT has seen a rise of 15% in the last 24 hours, reflecting increasing market confidence and investor interest in its foundational technology. Given Mantle's commitment to advancing blockchain utility and its recent positive market trends, the next price targets for MNT might be set at $1.2, $1.40, and $2.45. Investors could consider taking a position at the current price. This trading idea takes advantage of the ongoing enthusiasm for innovative blockchain platforms that promise to facilitate broader adoption and enhance technological capabilities.
Long
by icordkaz
MNT/USDT Gearing up for an Explosive Rally? 👀🚀MNT Analysis💎Paradisers, turn your gaze to #MNTUSDT, currently in a demand zone, hinting at a potential bullish breakout. 💎At the moment, #Mantle is on a rising path, indicating a bullish phase around the $0.741 support zone. This pattern aligns with an ascending channel, consistently finding support within the channel across several instances. If the momentum is maintained, we're poised for a dynamic bullish push towards the $1.30 supply zone. 💎However, if #MNT encounters difficulty in keeping up its bullish posture at the $0.741 mark, it might prompt us to reassess our strategy. This could lead us to look for a bullish response from a slightly lower demand area at $0.582. 💎Keeping alert to these market movements is critical, as a drop below this crucial point may call for a recalibrated approach, especially amidst challenges to continue the bullish momentum in the #MNT market.
Long
by MyCryptoParadise_Simon
3
Mantle in a Tug-of-War with Monthly Pivot, But Bullish Signs EmeIn the ongoing battle between buyers and sellers, Mantle is currently locked in a tug-of-war with the monthly pivot point. The price has found support around ~0.7873, a level that previously acted as resistance. This potential reversal of roles suggests a bullish bias could be emerging. Adding credence to this possibility is the RSI indicator. If the price can decisively break above the monthly pivot, the RSI would likely follow suit, confirming a potential bullish breakout. Key technical points: Price finding support at previous resistance level (~0.7873) Monthly pivot point acting as a potential hurdle Confirmation signal: RSI breaking above its current level alongside a price breakout above the monthly pivot This is just a potential trade idea based on technical indicators. Always conduct your own research and analysis before making any trading decisions.
Long
by behnamxt
MNT/USDT upward momentum? ?👀🚀MNT Today Analysis💎 Paradisers, let's focus on #MNTUSDT, which is currently displaying a noteworthy trend. After breaking above a key resistance, it's showing a strong likelihood of a bullish move following a retest. 💎 Recently, #Mantle has demonstrated an upward move from the support level of $0.5691. As the price now attempts to breach the resistance at $0.6587, we can anticipate a bullish shift at the BOS level of $0.6256, provided the price maintains its momentum above this level. 💎 However, as always in the ever-changing crypto market, #MNT traders should be prepared for a range of outcomes. If the price struggles to hold its ground at the BOS, a prudent approach would involve preparing for a bullish comeback from a lower support level, specifically at $0.5338. 💎 It's crucial to note that a fall below this support level could call for a significant strategic shift. Such a development might indicate potential hurdles in sustaining a bullish trajectory in the market.
Long
by MyCryptoParadise
MNTUSDT----> new ATH if...Hello to all you crypto lovers! I hope you like my new design :) First, let me say that this currency MEXC:MNTUSDT does not have a high market cap and market depth and may have a lot of fluctuations, so enter with a very, very low percentage of your capital . second, Assuming that the current upward trend of the market is maintained , it seems that there is a good buying position on MEXC:MNTUSDT Generally If the yellow line is broken by the price with power and momentum, I think the price of 60 cents and above (new ATH ) is not out of mind, and if the blue line is broken, we will hold back for now! Considering the above conditions: Entry 0.42$ TP in order 0.5$ 0.6$ 0.76$ SL (Depending on your risk tolerance and the amount of your investment) 0.34-0.37$
Long
by thegreatoneinthemetaverse
3