Mantle (MNT) is once again testing the $1.40 resistance level, a barrier it has failed to surpass three times since early 2024. Previous rejections at this level led to significant price declines, with the first in March 2024 dropping Mantle below $0.80 and the second in November 2024 pushing it under $0.70. Currently trading at $1.3542, Mantle has gained 4.65% over the past week, but analysts warn of a potential downturn if the resistance holds.
Market sentiment is mixed, with some traders hopeful for a breakout while others remain cautious of a decline. Technical projections indicate a possible drop to $0.58 if the $1.40 resistance persists. The market is closely monitoring Mantle's performance to see if it can overcome this critical level or if it will face another setback.
Mantle Faces Critical $1.40 Resistance Amid Market Uncertainty
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