MNT/USDT upward momentum? ?👀🚀MNT Today Analysis
Updated
💎 Paradisers, let's focus on #MNTUSDT, which is currently displaying a noteworthy trend. After breaking above a key resistance, it's showing a strong likelihood of a bullish move following a retest.
💎 Recently, #Mantle has demonstrated an upward move from the support level of $0.5691. As the price now attempts to breach the resistance at $0.6587, we can anticipate a bullish shift at the BOS level of $0.6256, provided the price maintains its momentum above this level.
💎 However, as always in the ever-changing crypto market, #MNT traders should be prepared for a range of outcomes. If the price struggles to hold its ground at the BOS, a prudent approach would involve preparing for a bullish comeback from a lower support level, specifically at $0.5338.
💎 It's crucial to note that a fall below this support level could call for a significant strategic shift. Such a development might indicate potential hurdles in sustaining a bullish trajectory in the market.
💎 Recently, #Mantle has demonstrated an upward move from the support level of $0.5691. As the price now attempts to breach the resistance at $0.6587, we can anticipate a bullish shift at the BOS level of $0.6256, provided the price maintains its momentum above this level.
💎 However, as always in the ever-changing crypto market, #MNT traders should be prepared for a range of outcomes. If the price struggles to hold its ground at the BOS, a prudent approach would involve preparing for a bullish comeback from a lower support level, specifically at $0.5338.
💎 It's crucial to note that a fall below this support level could call for a significant strategic shift. Such a development might indicate potential hurdles in sustaining a bullish trajectory in the market.
Trade closed: target reached
💎 Spot on again! #MNTUSDT has climbed 46.87%!Note
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