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.
💎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.
Trade closed: target reached
Just as predicted, #MNT's up a smooth 75%!Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.