*๐ MNT Breaks Out After 58 Days! Trend Reversal Incoming? ๐ฅ*
The chart shows *MNT/USDT* just broke a *58-day descending trendline* โ a strong bullish signal! ๐
๐ *Chart Breakdown:*
- โ *Descending Trendline* held MNT down for nearly 2 months
- ๐ข *Breakout Candle* just closed above the line with strength
- ๐ฏ๏ธ Breakout area: around *0.57โ0.59*
- ๐ Often followed by a small retest before bigger move
๐ *Trending Signals:*
- Trendline breakout = shift in momentum
- Short-term bottom potentially in
- Buyers stepping in after long downtrend
๐ฏ *Targets to Watch:*
- *Target 1:* 0.64 (recent lower high)
- *Target 2:*0.70
- *Target 3:* 0.78โ0.80 (strong resistance zone)
โ ๏ธ *Watch For:*
- Retest of breakout zone โ good entry point
- Volume confirmation for breakout strength
๐ง *Quick Take:*
This breakout could mark the *start of a bullish reversal* after a long downtrend. If bulls hold above the trendline, MNT may build momentum toward $0.70+.