MNTUSDT
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MANTLE Hit the top of its 2-year Channel Up. Correction ahead?
Mantle (MNTUSD) has been trading within a Channel Up since its October 18 2023 market bottom and right now the price just hit the top (Higher Highs trend-line) of this pattern.
The current Bullish Leg has almost risen as much as the first one (+388.45%) so technically a pull-back wouldn't be unexpected at this point. Before it resumes the long-term trend and potentially breaks above the Channel Up, we expect the price to test at least its 1D MA100 (green trend-line), which is the typical Support during such Legs, a 1.600.
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#Mantle #MNTUSD #MNTUSDT #MNT #signals
The current Bullish Leg has almost risen as much as the first one (+388.45%) so technically a pull-back wouldn't be unexpected at this point. Before it resumes the long-term trend and potentially breaks above the Channel Up, we expect the price to test at least its 1D MA100 (green trend-line), which is the typical Support during such Legs, a 1.600.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#Mantle #MNTUSD #MNTUSDT #MNT #signals
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