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Technical analysis by CHOWTRADE about Symbol MNT: Buy recommendation (9/16/2025)

https://sahmeto.com/message/3776710
CHOWTRADE
CHOWTRADE
Rank: 93
3.8
Signal Type:Buy
Price at Publish Time:
$1.67
Profit Target:
(+61.78%)$2.7
Stop Loss Price:
(-16.11%)$1.4
Buy،Technical،CHOWTRADE

MNT continues to impress with clean market structure and strong momentum. After breaking out of the multi-month accumulation range, we’ve already seen a 221% move and this may just be the first leg. 📈 Current Setup Highlights: Breakout confirmed above $1.50, flipping a key resistance zone into support. Retest in progress: Price is now consolidating above the previous breakout level a bullish continuation pattern. Volume remains healthy, with no signs of exhaustion on the daily timeframe. Fib extension and historical structure both point to a target near $2.70–$2.75, representing ~70% upside from current levels. 🔍 Why This Matters: This kind of rounded base followed by explosive expansion is a classic mid-cycle breakout pattern. It often leads to re-accumulation before the next leg higher. 🧠 Game Plan: Entry zone: $1.55–$1.65 (upon confirmation of support) Target: $2.70–$2.75 Invalidation: Clean daily close below $1.40 🚨 Not financial advice just my personal market view as I track this breakout. MNT looks strong, but always manage risk.

Source Message: TradingView
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