Mantle (MNT) Smashes $1 Barrier: Is This the Start of a Mega Rally?

Mantle just bulldozed past the $1 psychological threshold—now traders are scrambling to figure out if this is the real deal or another crypto head-fake.

Breaking Down the Breakout

MNT's surge past dollar parity marks a watershed moment for the Layer 2 token. Unlike traditional markets where analysts waffle about 'support levels,' crypto moves fast—either the momentum holds or we're looking at a classic 'buy the rumor, sell the news' scenario.

The Sustainability Question

Every altcoin pump faces the same acid test: Can it maintain velocity when the hedge fund tourists start taking profits? With trading volumes spiking 300% during the breakout, Mantle's got attention—but in crypto, attention burns hotter and faster than a DeFi rug pull.

Wall Street's Watching (And Probably Getting It Wrong)

Traditional finance types are no doubt dusting off their 'blockchain disruption' PowerPoints as we speak. Meanwhile, degens know the real playbook—watch the derivatives markets for leverage flushouts, track developer activity, and ignore anyone using the phrase 'paradigm shift' unironically.

One thing's certain: In a market where 'fundamentals' often means which influencer last shilled a coin, Mantle's $1 breakout is either the start of something big—or another reminder that in crypto, gravity always wins eventually.

Mantle Crypto Gains Bullish Momentum

The official account of Mantle on X platform has recently shared about its improvised synergy between Bybit and other ecosystems to accelerate the whole process of Mantle Network’s infrastructure. Moreover, Ben Zhou, Co-Founder & CEO of Bybit unveils his vision for Mantle Network 2.0.

"We'll see more synergy between Bybit, Mantle and other ecosystems to accelerate the whole process of Mantle Network's infrastructure."

Hear from @benbybit, Co-Founder & CEO of @Bybit_Official, as he unveils his vision for Mantle Network 2.0 👇 pic.twitter.com/rloyuUXXem

Further signs of ecosystem health came from a Mantle Ecosystem X post referencing a strong market performance. The post noted that PENDLE (PENDLE), a key token in the DeFi space, has re-entered the top 10 on DefiLlama’s Total Value Locked (TVL) rankings, nearing new all-time highs.

This shows a rising bullish momentum for the Mantle Ecosystem in the crypto-verse.

Pendle is back in the top 10 on @DefiLlama with TVL at all-time highs.@pendle_fi is cooking – explore their $cmETH market on Mantle Network to earn both yield and Powder during Season 3: Methamorphosis. pic.twitter.com/DeGow9fcK1

MNT Price Forms Rising Wedge Pattern

On the daily chart, Mantle Price records a steep rising wedge, which is usually a bearish pattern in the longer time frame. After breaching its key resistance at $0.9290, it has successfully reclaimed the $1 mark and is currently trading $1.08.

The Relative Strength Index (RSI) is currently at 75.61 which means that the asset is in the overbought range. This kind of trend suggests an increasing negative trend in the coming time.

Similarly, Bear Bull Power (BBP) is also recording a powerful bullish movement. Although these indicators are favorable to the rally, it is also the sign that warns of a short term pullback.

If the bears outrun the bulls, the MNT coin price may retest its immediate support trendline of $0.9290, followed by its lower support level of $0.8540. Under an extreme bearish situation, the Mantle price could crash toward its floor price of $0.7550 this month.

In case of continued bullish momentum over $1.1050, the bulls may target to achieve up to the level of $1.21. A sustained positive action could result in it heading toward its upper price range of $1.30.

Outlook: Key Price Levels to Watch

• Bullish Scenario: A sustained rally above the $1.1050 level could see the price target $1.21, with a potential for a further push towards $1.30.
• Bearish Scenario: A rejection at the current price could see MNT retest its immediate support at $0.9290. An extended pullback could lead to a decline toward the lower support level of $0.8540 or a crash toward the floor price of $0.7550.

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