$MNT has surged over 10% in the past 24 hours, reclaiming the $1 level as trading volume spiked 134%. The rally follows increased ecosystem support, including some CEX push for "Mantle Network 2.0." Technically, MNT is testing a rising wedge's resistance, with RSI near overbought territory at 74.98. A breakout could target $1.20, though short-term pullbacks remain possible.
$XLM also jumped 16%, with volume up 260%, likely benefiting from reduced regulatory uncertainty after the Ripple-SEC case. XLM is attempting to break out from a widening wedge, with $0.46 as a key level. Holding above this could open a path toward $0.50, while $0.42 serves as support.
With $BTC around $116K, traders appear to be rotating into altcoins, watching for a potential shift in market dominance. Both MNT and XLM show strong momentum, but sustainability depends on key levels holding.
