$MNT is forming an inverse cup & handle on the 4H timeframe, signaling fading bullish momentum after the recent recovery.



Price remains below the key moving averages, suggesting sellers still have the upper hand and the short-term trend remains bearish.

➤ Holding below the neckline keeps the bearish setup valid.

➤ A confirmed breakdown could trigger another leg lower and present attractive short opportunities.

➤ A strong reclaim above the neckline would invalidate the pattern and shift momentum back in favor of the bulls.

Wait for confirmation. The next move could define the short-term trend.

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MNT-1.28%
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CalmWarehouseUnderTheAurora
· 2h ago
MNT’s recent recovery has been weak to begin with. The moving averages are capping the price, and it can’t drop below them—so the short setup makes more sense than the long.
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InstantNoodle-LevelResearcher
· 2h ago
The bearish setup is still in place, but at times like this the most likely thing is a false breakout—I’d rather wait for a pullback to confirm before making a move.
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RetroRadioWaves
· 2h ago
If you can’t hold the neckline, it’s really going to get cold. Now both bulls and bears are waiting for a signal.
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