Technical analysis by taika808 about Symbol MNT: Buy recommendation (8/7/2025)

Mantle (MNT/USDT) has successfully broken above its major resistance trendline and converted it into support - a classic bullish reversal pattern. Key Technical Points: • Clean breakout above descending trendline • Former resistance now acting as support • RSI showing renewed bullish momentum • Price holding above the green support zone Bullish Targets: • First resistance: $1.41 (blue horizontal line) • Extended target: $2.31 (upper resistance zone) The pink arrow projection suggests a strong upward trajectory toward these levels. The breakout structure indicates buyers have regained control after months of consolidation. This setup presents an attractive risk-to-reward opportunity, with the converted support level providing a clear invalidation point below $0.85.