Mantle (MNT) plummet strongly, market sentiment is in turmoil – What developments are waiting ahead?

Mantle (MNT) is facing strong sell pressure for the past five days, recording a fall of up to 16% in just the last 24 hours as of the time of writing (. This is one of the most intense correction phases of MNT in recent weeks.

This downward plunge has wiped out all short-term profits, while also destabilizing market sentiment. Notably, MNT has just lost an important support zone around the 1.45 USD mark – an area that was once the “defensive fortress” of the bulls during previous corrections.

The price is currently hovering just above the 1 USD mark, while investors closely watch the next developments to see if MNT can regain its balance or will continue to fall deeper.

![mnt-fall])https://img-cdn.gateio.im/webp-social/moments-1020f70ee5076a7fdc3e95bd36e6567f.webp(Daily MNT/USDT Chart | Source: TradingView## Retail investors remain active, but bears dominate.

It is noteworthy that this sell-off did not come with a decrease in trading volume. According to data from CryptoQuant, the activity of retail traders remains quite active, but the buying pressure from this group is not strong enough to reverse the prevailing downtrend.

This discrepancy shows that while retail investors are still trying to catch the bottom and maintain their positions, large institutions and professional investors may be quietly liquidating their holdings or implementing hedging measures in response to the overall market volatility.

![])https://img-cdn.gateio.im/webp-social/moments-8fc3f0292a9e51770dae685df446eea1.webp(Source: CryptoQuantAlthough some accumulation buy signals have started to appear, the bears are still clearly in control of both the spot and futures markets of MNT — this indicates that selling pressure may continue in the short term.

Overall, the current developments do not seem to be a panic reaction, but rather a deliberate distribution phase that is more strategic and structured.

![])https://img-cdn.gateio.im/webp-social/moments-30fb9477491db02bcdc2aaa9869e0e14.webp(Source: CryptoQuant## Market sentiment shifts to caution

The current fall is likely just a natural adjustment after the strong price increase of MNT. If the support level of 1.45 USD cannot maintain its role as a support point, the psychological mark of 1 USD will become the next important testing area — both a place that could trigger buying force to catch the bottom and clearly reflect market sentiment.

On the contrary, if the cash flow returns and short positions are liquidated, MNT could completely witness a surprising short-term recovery.

SN_Nour