Mantle (MNT) jumps 10% to extend gains but can bulls break $0.70 resistance?

2 weeks ago 10

Rommie Analytics

  • Mantle price rose to near $0.70, supported by rising volume.
  • Daily indicators (RSI, MACD) favor short-term upside, but the price remains below a key downtrend line.
  • Key resistance looms at $0.71 and support at the $0.60-$0.57 zone.

Mantle climbed nearly 10% on Thursday, reaching intraday highs above $0.69 as a broader altcoin rebound lifted market sentiment.

The move mirrored gains across several mid-cap projects, including Hyperliquid, Zcash, and NEAR, and was accompanied by increased trading volume and renewed attention toward real-world asset (RWA) integrations within Mantle’s ecosystem.

While the technical picture supports further short-term upside, bears remain active near the intraday peak, and a pullback cannot be ruled out.

Mantle price retests barrier near $0.70

The MNT token’s intraday highs marked a decisive retest of the key psychological and technical resistance level at $0.70.

The move comes as bulls attempt to secure a second consecutive green daily candle f...

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