Mantle’s Charts Suggest Potential Price Surge as Bulls Watch Key Levels

While most altcoins struggled after the recent market downturn, Mantle has stood strong. Chart analysis indicates a potential price rally brewing for the token. 4-Hour Chart: MNT bounced from the $1.60-$1.75 demand zone, with buyers defending it strongly. The price is now consolidating near $1.90 before a possible next leg up. Source: X/CryptoKnight. This chart pattern often precedes further price increases. If MNT reclaims $2.00 with sustained momentum, the target zones are $2.20-$2.30 followed by $2.50. A drop below $1.60 on a daily close invalidates this bullish setup. Weekly Chart: MNT broke above the $1.45-$1.55 resistance level after months of struggle, marking a clean breakout. The token briefly dipped below the zone during the market downturn but closed the week back above it, confirming strength. This retest now looks like an ideal launchpad for continued growth. If the zone holds, analysts look to see price reach $2.80-$3.00. Key takeaway: GWB, a prominent crypto trader, remains bullish on MNT as it has doubled since his previous entry and is stable above key breakout levels. 1) His bullish outlook coincides with Bybit’s increased spot trading activity which could boost demand for the token and increase visibility. Outlook: Mantle’s breakouts structure remains intact, with a short-term pullback likely a healthy reset rather than a trend reversal. The key zone of $1.60-$1.75 remains crucial as long as bulls remain in control. If MNT reclaims $2.00, the next leg could take price to $3.00. However, if this support fails, expect a deeper retest of the breakout area. Crypto enthusiasts should stay informed and subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.