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MNTUSDT trade ideas

MNTUSDT on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! Are you ready for a potential bullish breakout? 🧐 💎MNTUSDT has just broken through a critical resistance trendline and formed a textbook Cup & Handle pattern—a strong signal that a bullish reversal could be brewing. 💎If MNTUSDT breaks out and closes a candle above the resistance zone, it will confirm the pattern, increasing the probability of a strong bullish move. 💎Should we see a pullback, expect a bounce from the support zone. But remember, we need to see I-ChoCh confirmation to strengthen the odds in our favor. 💎On the flip side, if MNTUSDT breaks down and closes below the support zone, this would invalidate our bullish setup. In that case, patience is key—we’ll wait for a more favorable price action before making our next move. 🎖 Staying disciplined and waiting for the right confirmation is crucial for long-term success. Don’t chase trades—wait for high-probability setups to play out. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
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 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!
by vagada
Overview of the MNT Token by Bybit!Today, I’d like to share an exciting project – the MNT token, part of the ecosystem of the popular Bybit exchange. 🎯 Why does MNT deserve attention? One of the main advantages of this token is the ability to earn passive income! MNT holders can participate in Launchpad and Launchpool, earning new tokens simply by holding the asset. This is particularly attractive for those looking to generate income without selling their asset. 💰 Growth Potential 📈 At the moment, the token's price appears highly promising for purchase, and the chart shows significant growth potential. I’ve identified an entry point with a risk-reward ratio of 1/10, making it even more attractive for investors. Personally, MNT is one of my favorite tokens, so get ready to hear more about it! 😎
Long
by CHOWTRADE
2
MNT - Analysis on ByBit Exchange📊 The chart shows the formation of a global descending wedge, which could indicate a potential price breakout. The MNT coin, traded on the ByBit exchange, is currently showing gradual accumulation in the support zone. A possible bounce from this zone is expected, with an upward movement towards the target of $0.80, which represents approximately 41.95% growth from the current level. 💡 Why is this important? MNT is ByBit's native coin, which is essential for participation in various promotions, bonus programs, and exclusive offers. That’s why demand for this coin remains stable, and its growth potential is far from exhausted.
Long
by Du_Trade
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
by Cryptorphic
Mantle Update July 2024Mantle looked bearish, after basically a month we just took 2 of the buy levels. Major Area of liquidity got taken too, RSI on the daily is oversold, this is a good area to bounce Major liquidity target for the bounce is $1, the first target is at $0.90 . I do believe it's a good time to move up, the overall market crashed, lot of oversolds, I need longer time frames to flip bullish tho. Mantle still bearish, I wouldnt touch. Better place if you wanna trade a bounce is on SOL coins.
by FeyDeFi
Will MNT Price Hit The High Of $1 Soon?Mantle network has a market cap of $2.56 Billion and is currently ranked 35th in the cryptoverse. The overall volume of the MNT token has seen a decline of 24% in the past 24 hours. MNT token price is currently trading near the value of $0.78 with a slight gain in the intraday session. MNT price is currently trading in a downtrend bearish channel on the daily chart. It is forming weak consolidated candles and trading below the 100 EMA.The upside trend of the MNT can see a halt near the value of $0.95. Meanwhile, the support of the asset price can be observed near $0.6 The RSI of MNT is near 33 suggesting its presence in the oversold zone. The overall sentiment of the RSI is bullish in nature.
by adarshmergent
1
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