MNT Price Skyrockets 35% in Just 7 Days—What’s the Next Massive Target?

MNT just ripped through the charts with a blistering 35% surge in under a week—igniting speculation about where it heads next.

Breaking Down the Momentum

Traders are scrambling as bullish volume floods in, pushing MNT toward potential new resistance levels. The move defies broader market lethargy—typical crypto chaos, really.

Next Big Target: Reality or Hype?

Analysts eye key psychological barriers ahead, though whether this is sustainable growth or another classic pump-and-dump remains anyone’s guess. Because in crypto, fundamentals are optional—narrative is everything.

Timing the Top

If momentum holds, new highs could be in play. But let’s be real—if traditional finance ran on this much hopium, the SEC would have a field day.

Mantle Holds Gains Near $1.36

Mantle (MNT) traded at $1.36 at press time, up more than 11% in 24 hours and 35% over the week. Daily trading volume reached $508.7 million. The MOVE came as most digital assets cooled after stronger U.S. producer price data reduced risk appetite.

Despite wider market weakness, MNT has managed to hold gains. Supporters pointed to Mantle’s large treasury, infrastructure, and restructuring efforts with Bybit as drivers behind the strength.

Bybit Launchpool Sparks Momentum

The latest rally began on August 14, when Bybit EU introduced its first launchpool with MNT. Shortly after, the exchange adjusted collateral ratios for the token across UTA Loan, crypto Loan, and INS Loan, making MNT more favorable for lending products.

Fresh momentum followed on Monday when Coinbase International Exchange said it will open perpetual futures markets for Mantle, Reserve Rights, and SuperVerse. Trading of MNT-PERP contracts is set to start on or after August 21.

Golden Cross and Key Levels

Mantle has broken well above its long-term averages. A Golden Cross has formed, with the 50-day moving average crossing above the 200-day line, often seen as a bullish trend signal.

Resistance sits between $1.36–$1.41, which aligns with the 1.0 Fibonacci extension. If price clears this zone, the next upside target is $1.65. On the downside, support is seen at $1.23 and $1.08, with deeper support NEAR $0.98–$0.97.

Earlier this month, Mantle broke out of a multi-month consolidation wedge, supported by strong trading volume. The breakout confirmed a structural shift toward bullish momentum.

Analysts note that holding above $1.36 could open the way toward a test of $1.65, while losing support at $1.23 could lead to a pullback toward $1.08 or $0.98.