MNT is once again testing a key resistance zone after a strong reversal from a deep support area ๐We've already seen two nearly identical breakout patterns:
๐น 1st pattern: +215% rally to $1.00
๐น 2nd pattern (currently in play): already +171%, targeting $1.40?
๐ Technical Breakdown:
๐ฆ Support: $0.55 โ strong demand zone that held twice
๐ฅ Resistance: $0.83โ$1.05 โ key supply zone that previously triggered sharp rejections
๐ง Psychology: Many traders may doubt the pattern repeat โ which often creates the perfect setup for a surprise breakout
๐ Whatโs Next?
โ If
MNT breaks and holds above $0.85 โ upside target toward $1.30โ$1.40โ If rejected โ likely a retest of the $0.65โ$0.60 area to build strength
Telegram Channelโฉ t.me/+aTlXBWnLy2Y4OTQ6
๐ฅTrade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
๐ฅTrade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
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.
Telegram Channelโฉ t.me/+aTlXBWnLy2Y4OTQ6
๐ฅTrade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
๐ฅTrade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
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.