MNT PriceMNT token price continued to dive gains and faced massive selloff from the higher levels. The token was tumbled from the upside mark of $1.50 and slipped below the $1 mark in the last few trading sessions.
MNTUSDT trade ideas
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.
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.
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
MantleMore Bearish than bullish short term, good chances of retesting lows unless market flips bullish.
Need a new accumulation to push higher, chart found resistance on fib levels. For now is behaving like Arbitrum early this year
#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 $2.45. Investors could consider taking a position at the current price. This trading idea takes advantage of the ongoing enthusiasm for innovative blockchain platforms that promise to facilitate broader adoption and enhance technological capabilities.
🐺 Another Exchange token ready to pump ? 🐺Hello my friends this a quick emergency trade alert for Bybit native token :
as you can see in the chart above MNT is about to break the triangle and ready for the next let to the upside :
the price target is around :
1.49$ this is a short term target ; stay with me until the next update also don't forgot to like my idea 🐺
Have nice trade... 🐺
$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.
$MNT price prediction: +25%.TSX:MNT price prediction: +25%.
$1.29 showed resilience.
$1.63 isn't too much to ask.
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.
MNT long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
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 VOLUME INCREASE TRENDThank you for reading this update.
MNT seems to have entered a new volume trend that could get new confirmations in new time frames.
The data frame shows an interesting view of MNT
MNTMNT/USDT | 1W 👀
As part of the rebranding from BitDAO to Mantle, the BIT tokens used in BitDAO have been replaced with MNT tokens.
MNT is like BNB for Binance, but for the Bybit exchange. In the long term, it's an interesting project. Let's see what position it will hold in the world of L2 solutions.
For now, it's not particularly interesting for buying back; we may see further declines with the current market conditions. But if you're holding, hold it as a long-term investment. There's potential ahead.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Mantle . Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Mantle #Investment #MNT
Buy signalA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Be patient and enjoy your profit
#MANTLE Trying small position on MANTLE, looking at few confluences, keeping sizes small for time being with max risk of 2%
MNT Weak coinMantle is showing weakness while lot of alts are pumping. 0.63 is a strong resistance, and i think we will a reversal bearish pattern when we will get there. First target to start closing the short trade will be around 0.555, a great support zone
MNT InteligentAssetA clear structure of a bullish trend when there are higher highs and higher lows
Now get support at 0.67 upper limit channel
bullish scenario
resistances 0.785, 0.85 pivot high
bearish scenario
supports 0.67 upper limit channel, 0.64, 0.63 in 50 ema, 0.534
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.
Mock Up Price Action for MNT | Mid Term (12HR)Mock Up Price Action for BYBIT:MNTUSDT | Mid Term (12HR)
- Watching and waiting for opportunities
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
