Profit-Taking Hits Mantle as MNT Price Retreats From $1.40 Resistance

• Mantle (MNT) price drawdown by almost 10% in the last 24 hours suggests profit booking.

• Bears are trying to grasp the MNT momentum from the bears.

Mantle (MNT) has been experiencing an impressive bullish momentum in 2025, and the altcoin has one of the most impressive recovery patterns to date. Once it had built a strong base around the $0.65 support level in July, MNT started a violent rally that has taken it up to the vicinity of the $1.40 resistance area, a rise of more than 115% since its most recent lows.

The recent price behaviour shows a classic breakout pattern out of a long consolidation period that ruled the first half of 2025. After months of trading sideways between $0.65 and $0.85, MNT eventually broke through the major resistance levels with conviction in late July, and this marked the change in market sentiment and the start of a long-term uptrend. However, as per CMC data, the MNT price is down by almost 10% showing profit booking.

The bullish bias is further confirmed by moving average analysis. The 50-day EMA at $0.8833 has managed to cross above the 200-day EMA at $0.7979 to create a typical golden cross. This technical advance is usually a sign of an uptrend that can last medium to long-term, and the recent pullback might not be a reversal signal but a temporary setback.

What Next For Mantle Price?

The 10% correction seen in the past few days off the $1.40 level seems to be a normal profit-taking period and not a trend reversal. This kind of pullback is typical following a parabolic advance and usually works to clear overbought readings without destroying the overall bullish pattern. That MNT has been trading above the critical support areas throughout this correction is evidence of underlying strength.

Technical indicators are also positive in spite of the recent correction. The MACD histogram indicates positive momentum as the signal line continues to indicate a bullish crossover, which means that buying pressure has not been lost. Although the RSI is pulling back into overbought territory, it is still in positive territory at 67, indicating that the uptrend has more room to run before there is any real risk of the momentum losing steam.

Social sentiment analysis provides another confirmation layer, and the indicator has been registering mostly positive values during the rally period. This implies that retail and institutional demand in MNT is still high, which forms the basic foundation of price gain.

The near-term resistance at $1.40 is the level to monitor. A break above this psychological resistance may initiate the next leg up and may aim towards the $1.50-$1.60 area. On the other hand, the levels at $1.25 and the 50-day EMA at $0.8840 will cushion any further downfalls.

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