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Technical analysis by CHOWTRADE about Symbol MNT: Buy recommendation (8/16/2025)

https://sahmeto.com/message/3711358
CHOWTRADE
CHOWTRADE
Rank: 55
3.9
Buy،Technical،CHOWTRADE

📈 Mantle ( MNTUSDT ) — Breakout from Accumulation and Formation of a Mid-Term Uptrend On the 1D chart, MNT is showing a clear trend reversal structure. After a long accumulation phase in the $0.55–$0.75 range, the price has surged over 100% and broken through a key resistance zone at $1.25–$1.35. 🔹 Key Technical Signals: Accumulation Zone: $0.55–$0.65 — confirmed by historical demand and volume clusters Breakout Level: $1.25–$1.35 — previously a multi-layer supply zone, now potentially acting as support Bullish Target Projection: $4.40 — based on pattern symmetry and fractal projection (potential upside ≈ +800%) 🧩 Market Structure: This current impulse looks structurally strong: The breakout is supported by increasing volume Candle dynamics show strong demand (large bodies, weak wicks) No major pullbacks yet — suggesting aggressive markup phase ⚠️ Risks to Monitor: No retest yet of the breakout zone ($1.20–$1.30) — potential for unfilled move Sharp vertical rally could require consolidation before continuation MNT remains a high-beta altcoin — expect volatility around news/events 📌 Conclusion: Market conditions suggest a potential move toward the $4.00–$4.50 zone. However, confirmation of this scenario depends on: Holding above $1.35 Avoiding a deep correction below $1.10

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Valid Until:
21 Day
Profit Target:
$4.4
Stop Loss Price
$1.1
Price at Publish Time:
$1.32
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