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.
MNTUSDT
Is MNTUSDT Gearing Up for a Rally or a Major Breakdown?Yello, Paradisers! Is MNTUSDT preparing for an explosive breakout, or are we staring at the possibility of a deep pullback? The chart is at a critical decision point, and what happens next could define the trend for the coming weeks. Let’s break it down.
💎#MNTUSDT recently tested a significant resistance zone around $1.2651, marked by heavy seller activity in the past. The rejection from this level suggests that buyers need more momentum to push through and sustain higher levels.
💎The price is now raising the probability of a bullish continuation from a demand zone near $1.00, which previously acted as a springboard for the last rally. This zone aligns with the 100 EMA, providing additional technical confluence for potential support.
💎Below the demand zone lies a crucial support level at $0.8775–$0.9227. If the price loses this level, it could open the floodgates for a significant decline.
💎If #MNTUSDT holds above $1.00 and buyers regain control, we could see a rebound toward the resistance zone at $1.2651. A breakout above $1.2651 could trigger a strong rally, with upside targets at $1.50 and potentially as high as $1.80 in the coming weeks.
💎A breakdown below $0.8775 would signal weakness, invalidating the current demand zone. This could result in a sharp drop, with potential downside targets at $0.70 and even $0.60, suggesting a bearish reversal in market structure.
💎The MACD is showing signs of slowing momentum, hinting at the possibility of consolidation or further downside unless buyers step in strongly. The 100 EMA remains a key dynamic support level that bulls must defend to maintain the bullish bias.
Stay disciplined, Paradisers. Let the market confirm its direction before making any commitments. Whether it’s a rally or a correction, being prepared and patient will always set you apart from the majority. Play it smart, stay focused, and always prioritize capital preservation.
MyCryptoParadise
iFeel the success🌴
MNTUSD - Extreme Bull BreakoutThe break of this red resistance line which is also coupled with a falling wedge is a great sign for a continued break out on this daily timeframe
385% increase was the first bull runs increase so im using that as reference for this run which puts price at about $2
Very bullish
MNT PREPARING FOR LONG ENTRY
Hello everyone, and happy Monday! I wish you all the best for the week ahead!
This is Mantle Network (MNT) on the daily timeframe. The system has just flipped short right under the 200MA, but since we are in a bull market, we don’t take short positions. Instead, we wait for the system to flip long again, ideally above the 200MA. Only then will we consider entering the market on the long side.
We can also see that the price has just broken below the 0.618 Fibonacci level (all-time). This indicates two important points:
1. The system signals that we should wait.
2. The price is below a key support zone, which adds to the caution.
Conclusion: We wait for two confirmations:
The system flipping long above the 200MA.
The price reclaiming the 0.618 Fibonacci level as support.
Patience is key, so we’ll revisit this chart tomorrow.
Stay safe!
MNTUSDT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
MNT broke above the resistance trendline and is currently in the retesting phase. A bounce from the CMP, where we have the 35 EMA, will likely push the price for a decent rally.
- Support/Entry: $0.7928.
- Trade: Spot.
- Invalidation Point: A close below $0.7202.
- Targets: $1.06, $1.27, $1.42, $1.53.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Long idea on $MNTI consider a candle with a large downward shadow a good opportunity to enter a position. Preferably, if the price after such a stabbing returns to 50% of the momentum of that candle, it means that a big player accumulates a position. Of course, if we fix below this figure, the signal is canceled
#MNT/USDT#MNT
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a green support area at 0.800
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 1.04
The first goal is 1.17
The second goal is 1.31
the third goal is 1.45
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.
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.
$MNT macro analysis ⏰ BITDAO / mantle Anything below $1.5 is good BUY ( #DYOR )
Below red box 📍 analysis get invalid 📌 🛑 stop
Expecting target 🎯 $20 ( +1500% / 15x from here )
Important resistance levels $5 & $10
Follow article for future updates 📌 and boosting 🚀 helps me ,
I was quite busy, so i will submit rest of details in future, so save article / analysis
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.
Here I buy Mantle Network at $1.05Here I buy Mantle Network at $1.05
The sardines poked me so I had to come back in beast mode. If the sardines didn't learn that fomo lesson I've applied months ago this time will be even worse.
Now the MANTLE NETWORK is my next victim
Don't make me come back in beast mode fomo buying everything. this will hurt many.
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 $0.5338.
💎 It's crucial to note that a fall below this support level could call for a significant strategic shift. Such a development might indicate potential hurdles in sustaining a bullish trajectory in the market.
MNTUSDT----> new ATH if...Hello to all you crypto lovers!
I hope you like my new design :)
First,
let me say that this currency MEXC:MNTUSDT does not have a high market cap and market depth and may have a lot of fluctuations, so enter with a very, very low percentage of your capital .
second,
Assuming that the current upward trend of the market is maintained , it seems that there is a good buying position on MEXC:MNTUSDT
Generally
If the yellow line is broken by the price with power and momentum, I think the price of 60 cents and above (new ATH ) is not out of mind, and if the blue line is
broken, we will hold back for now!
Considering the above conditions:
Entry 0.42$
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$