Technical analysis by tradecitypro about Symbol MNT: Buy recommendation (12/4/2025)

👋 Welcome to TradeCityPro! In this analysis, I want to review MNT, a Layer-2 Ethereum project with a $3.4 billion market cap, currently ranked 31st on CoinMarketCap. ⏳ 4-Hour Timeframe On the 4-hour timeframe, this coin has been in a downtrend, and after reaching 0.9596, it entered a range phase. ✔️ Currently, a range box has formed between 0.9596 and 1.1207, and the price is reacting to the top of the box at 1.1207. 💥 On the RSI, we have a very important resistance level at 65.80. 🔔 A break of this level on the RSI would confirm the entry of bullish momentum, and in this case, we can open a long position after the 1.1207 level is broken. ✨ Breaking 1.1207 will be the first confirmation of the bullish trend for MNT, and the coin could initiate an upward wave. 🧩 This upward movement could continue toward 1.3478. ⚖️ However, if the price gets rejected at 1.1207 and moves back toward 0.9596, we can open a short position after breaking the 0.9596 support level. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️