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
MNTUSDT
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/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$
