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Mantle’s MACD Flips Bullish Again: Will History Repeat With a 175% Rally?
Mantle (MNT) forms a solid triple bottom above $0.60, showing strong buyer interest since early 2024 with sustained support.
A bullish MACD crossover at $0.70 in April mirrors the September 2024 setup that led to a 175% surge to $1.57.
MNT’s price action continues forming higher highs and higher lows, building momentum toward the $1.10–$1.30 resistance zone.
PostMantle (MNT) has stayed consistently above its critical demand zone between $0.59 and $0.71 since early 2024. Price behavior continues to show signs of reversal, with repeated rebounds from this area suggesting strong buyer interest.
Price Structure Supports Uptrend Formation
The broader chart reveals that Mantle has respected key horizontal levels during several significant price swings. After reaching highs near $1.80 in March 2024, the token declined sharply and began consolidating around the $0.60–$0.70 zone. That range has acted as a demand base across multiple months, confirming it as a high-reaction area.
During the March–April 2025 period, MNT formed a triple bottom pattern near $0.60. Each touch reinforced the strength of that support, and the price now trades above $0.71. A recent upward move in April created a new higher high around $0.81, surpassing previous peaks and suggesting renewed momentum
After that move, the token retraced but held support above $0.68, forming a higher low and extending the bullish structure. Price has continued to build inside an ascending range, with demand holding firm near $0.60 each time sellers tested it.
According to Crypto Nova, MNT has shown a clean structure on the daily timeframe, breaking above previous highs while maintaining higher lows. She pointed to early signs of a sustained reversal and identified $1.10 as a potential next target. Her analysis highlighted repeated reactions at both resistance and support, reinforcing a thesis for directional continuation.
Momentum Indicators Support Upside Projection
Technical indicators on the three-day chart reveal similarities between current conditions and a prior rally. In September 2024, MNT surged from $0.57 to $1.57 following a bullish MACD crossover. A similar crossover occurred again in April 2025 around $0.70, suggesting the start of another major move.
Source: Trader Tardigrade
Trader Tardigrade stated that the MNT price could now target $1.30, based on the historical performance following MACD signals. He noted that the MACD histogram has started building upward again, with green bars expanding. His chart marks $1.30 as the next resistance zone, referencing tops from early 2024 and January 2025. If momentum holds, the token may repeat its prior breakout pattern.