Mantle is back on traders radar after sliding down to a familiar level that traders have seen before.
MNT price has returned to its old demand zone, a place that previously sparked big rallies, and once again, it’s becoming the key area to watch.
According to CryptoPulse, MNT is sitting exactly where bulls need to make a stand. If they hold this line, we could see a strong rebound over the next few days. But if they fail, the setup breaks, and things could get ugly fast.
Mantle Finds Support Again
On the 12-hour chart, MNT is trading around $1.63, right in the middle of its $1.40-$1.60 demand zone. This is the same region that sent Mantle soaring above $3 back in early October. Every time price has touched this zone, it’s bounced back, and so far, that pattern is holding.
You can see clear buying interest whenever price dips toward the lower boundary. The candles show long lower wicks, a classic sign that buyers are stepping in. Volume is quieter this time around, but the structure remains intact, bulls just need one solid push to confirm a reversal.
The Bullish and Bearish Case for Mantle
If this zone holds, CryptoPulse expects MNT to retest $1.90, then $2.20, and possibly even $2.50 in the short term. That would mean a solid 40-50% recovery from current levels, a realistic move given how MNT reacts from this area.
Momentum indicators are starting to flatten, indicating selling pressure is easing. If a few strong green candles appear with rising volume, that could be the first signal of a new leg up. For now, the plan is simple, bulls defend this zone, and the chart stays bullish.
@CryptoPulse_CRU
If MNT price fails to hold above $1.40, that’s where things flip. A breakdown below that level would invalidate the current setup and likely drag MNT toward $1.10-$1.20 support next. It’s a scenario no one wants to see, but it’s good to keep it in mind, especially if volume dries up further.
Until that happens, though, the market still gives bulls the benefit of the doubt. As long as Mantle stays above this green zone, the structure remains constructive.
What’s next for Mantle
Mantle is once again sitting at a level that could define its next big move. Hold the line here, and a sharp bounce toward $2.5 for MNT price is very much on the table. Lose it, and the setup collapses.
For now, it’s a waiting game, but history shows this demand zone has been delivered before. The question is whether it can do it one more time.
Read Also: Here’s How High Mantle (MNT) Price Could Go This Week
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