Key Insights:
- Mantle breaks $1.80 resistance, eyeing $3.00 as buying pressure mounts.
- The strong weekly chart indicates higher highs and a bullish trend for MNT.
- Bybit platform boosts MNT’s role, signaling growing utility and liquidity.
Mantle (MNT) is gaining attention after breaking above the $1.80 resistance level. Traders and analysts believe this could open the way for a move toward $3.00 and beyond, supported by rising demand and technical strength. Market participants are watching for the next key levels as Mantle holds recent gains.
$1.80 Breakout Marks Key Turning Point
Mantle has gained considerable attention after successfully breaking the $1.40 resistance zone. The cryptocurrency is now poised to push further, with analysts predicting a breakout above $1.80 and targeting prices as high as $3.00.
Crypto analyst cryptoWZRD noted that $MNT is on the verge of a breakout above $1.80, with a successful breakout potentially leading to a next breakout of $2.30. This suggests that the price structure is following a consistent upward pattern supported by intense buying pressure.
Strong Weekly Structure and Market Sentiment
On the weekly chart, MNT has been forming higher highs and higher lows since mid-2025. This trend continues, with the current weekly candle showing a small gain. The price opened near $1.78, hit a high of $1.89, and is holding around $1.83.
Analysts see $1.50 as a key level, as the price has already broken above and now appears to be using it as a base. If this level holds, a move toward $2.00 could follow soon.
If there is a pullback, the following possible support areas lie at $1.10 and $0.79. These were former resistance levels that may now provide stability during any correction.
Market Outlook and Rising Activity Within the Bybit Ecosystem
Mantle’s growing use inside the Bybit platform is seen as a driver for its performance. Bybit recently launched a dedicated MNT utilities page, boosting its role in governance and liquidity.
Crypto trader Cactus shared, “I’ve been watching MNT price for months and see no reason for it to stop here.” This follows an increase in interest in MNT as more traders utilize the token across Bybit-linked services.
Projecting a bullish outlook for Mantle after it broke through the $1.40 resistance zone, with the price now retesting this level as strong support. According to the chart analysis, the next target is $2.60+, signaling a continued upward trend.
The live MNT price is now $1.81, with a 24-hour trading volume of over $330 million. The token has declined slightly by 2.22% in the past 24 hours, but it continues to trade in an uptrend. With the current market conditions, Mantle is positioned for further growth, with higher targets potentially in sight.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/mnt-targets-breakout-to-3-00-and-beyond/