$MNT 1H Technical Analysis | Bulls Testing a Key Liquidity Zone 📈

$MNT is showing a bullish 1H structure, with the daily timeframe also supporting the upside idea. However, there are two important headwinds: the bearish weekly structure and weak BTC conditions.

Because of that conflict, I’m treating this as a tactical bullish setup rather than assuming a full trend reversal.

🟢 Bulls have a clear roadmap

The immediate upside objective is the recent swing-high liquidity around 0.4651.

Above that sits a key supply zone around 0.4675–0.4684.

If buyers can push through this area with genuine momentum, the next psychological target becomes 0.4700.

The important distinction here is whether price simply wicks through resistance or actually establishes acceptance above it.

A clean breakout should ideally come with increasing volume and a successful retest.

🎯 Preferred long zone: 0.4556–0.4569

Rather than chasing $MNT into resistance, the more attractive risk/reward area is the 0.4556–0.4569 demand zone.

I'd want to see price pull back into this region and prove that buyers are still defending it.

Confirmation could come from:

Bullish engulfing candle

Strong rejection wick

Liquidity sweep followed by a reclaim

5M/15M bullish market-structure shift

Increasing volume on the reversal

The current volume is extremely low at around 0.07x, so a quiet breakout by itself isn't enough confirmation for me.

🚀 Bullish continuation scenario

The ideal sequence would look something like:

Pullback → 0.4556–0.4569 demand → liquidity sweep/reclaim → bullish structure shift → 0.4651 → 0.4675–0.4684

If buyers successfully reclaim 0.4651, attention shifts toward the supply zone.

A decisive break and hold above 0.4684 would strengthen the continuation case and put 0.4700 into focus.

But again, volume needs to participate.

🔻 What could invalidate the setup?

The major invalidation level is 0.4296.

A 1H close below this level would significantly damage the current bullish structure and flip my bias bearish.

Before reaching that level, however, I'd also pay close attention to how price reacts around the demand zone.

If 0.4556–0.4569 breaks with strong selling pressure and price fails to reclaim it, the bullish setup loses quality and I'd rather wait for a fresh structure to develop.

📊 Why volume matters here

The biggest warning sign is the 0.07x relative volume.

Price can still move higher on low volume, but breakouts occurring without meaningful participation are more vulnerable to fakeouts.

That's why I don't want to buy simply because $MNT trades above a previous high.

What would make the setup much stronger is:

Resistance break + volume expansion + successful retest.

That combination would suggest buyers are actually accepting higher prices rather than simply sweeping liquidity.

📌 Key levels

Demand: 0.4556–0.4569
Swing-high liquidity: 0.4651
Supply: 0.4675–0.4684
Extension: 0.4700
Bullish targets: 0.4651 → 0.4675–0.4684
Major invalidation: 1H close below 0.4296

🧠 Final outlook

My 1H bias remains bullish, but I'm not treating this as a risk-free continuation setup.

The daily structure supports the move, while the weekly and BTC backdrop create additional resistance for the bulls.

For me, the best setup is patience: either wait for a confirmed reaction from 0.4556–0.4569, or wait for a genuine breakout and retest of the 0.4675–0.4684 supply area.

If $MNT can reclaim 0.4651 with increasing volume, the path toward 0.4684 and potentially 0.4700 becomes more interesting.

Until then, confirmation over prediction.