Hey Guys!
Date: September 29, 2025
MNT has finally broken above its long-term resistance zone and is showing strong upward momentum. The chart structure suggests that the trend has shifted decisively bullish, with room for significant continuation.
🔍 Technical Snapshot:
Current Price: $1.84
EMA (4): $1.71
👉 Price is comfortably trading above its EMA, showing strong trend support.
📊 Chart Structure & Price Action:
Multi-year accumulation and resistance around $1.10–$1.70 (blue zone) has now been broken.
Price has flipped this range into support, a classic sign of strength.
Strong volume confirms the breakout is backed by real demand.
📉 Supports to Watch:
$1.71 (immediate support, trendline area)
$1.11 (major retest level from the breakout base)
$0.87 – $0.72 (deeper historical demand zones)
📈 Upside Targets:
First target: $2.24
Next levels: $2.35 → $2.50 → $2.62
Extension target: $3.50+ if momentum accelerates
📊 Momentum & Indicators:
RSI: currently above 60, showing strong but not yet overextended momentum.
Volume profile supports further continuation, with little overhead resistance until the $2.20+ zone.
🎯 Creative Bullish Outlook:
MNT looks like it’s entering a new growth phase after years of compression and failed breakout attempts. This clean breakout from the $1.10–$1.70 barrier could open the road toward the $2.20–$2.60 range in the short to medium term. If buyers keep control, the bigger target sits near $3.50–$4.00.
📉 Invalidation:
A daily close back under $1.71 would weaken short-term momentum.
Losing $1.11 would flip the structure bearish again, returning price into the old range.
⚡ Summary:
MNT is in a confirmed breakout from a multi-year resistance structure. As long as price holds above $1.71, the bullish trend remains intact with targets at $2.24 → $2.50 → $2.62 → $3.50+.
good trading!
Date: September 29, 2025
MNT has finally broken above its long-term resistance zone and is showing strong upward momentum. The chart structure suggests that the trend has shifted decisively bullish, with room for significant continuation.
🔍 Technical Snapshot:
Current Price: $1.84
EMA (4): $1.71
👉 Price is comfortably trading above its EMA, showing strong trend support.
📊 Chart Structure & Price Action:
Multi-year accumulation and resistance around $1.10–$1.70 (blue zone) has now been broken.
Price has flipped this range into support, a classic sign of strength.
Strong volume confirms the breakout is backed by real demand.
📉 Supports to Watch:
$1.71 (immediate support, trendline area)
$1.11 (major retest level from the breakout base)
$0.87 – $0.72 (deeper historical demand zones)
📈 Upside Targets:
First target: $2.24
Next levels: $2.35 → $2.50 → $2.62
Extension target: $3.50+ if momentum accelerates
📊 Momentum & Indicators:
RSI: currently above 60, showing strong but not yet overextended momentum.
Volume profile supports further continuation, with little overhead resistance until the $2.20+ zone.
🎯 Creative Bullish Outlook:
MNT looks like it’s entering a new growth phase after years of compression and failed breakout attempts. This clean breakout from the $1.10–$1.70 barrier could open the road toward the $2.20–$2.60 range in the short to medium term. If buyers keep control, the bigger target sits near $3.50–$4.00.
📉 Invalidation:
A daily close back under $1.71 would weaken short-term momentum.
Losing $1.11 would flip the structure bearish again, returning price into the old range.
⚡ Summary:
MNT is in a confirmed breakout from a multi-year resistance structure. As long as price holds above $1.71, the bullish trend remains intact with targets at $2.24 → $2.50 → $2.62 → $3.50+.
good trading!
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.
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.