Mantle: recovery or more pain? key levels to watch ahead

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Mantle. Who’s still alive after this waterfall from the highs? Alt L2s have cooled off hard while the market rotates back into majors, and Mantle ended up one of the punching bags. Now price is finally moving sideways instead of straight down, which is usually where smart money starts fishing for entries.

On the 4H chart I see a local base forming above the 0.60 zone with seller volume fading and RSI crawling back from oversold toward the midline. VPVR shows a fat liquidity pocket around 0.70‑0.75 where the last broken support sits, so I’m leaning toward a corrective pop into that supply before the market decides the next big leg. I might be wrong, but this looks more like a pause before a squeeze than fresh capitulation.

My base plan: look for controlled longs on dips toward 0.61‑0.63 with a short‑term take‑profit around 0.70‑0.73 ✅. If price breaks and holds above 0.75 with strong candles, then 0.82+ opens up; if 0.60 fails on volume, I step aside because 0.52 support comes into play fast ⚠️. I’m waiting for a clean reaction from this range and will only trade in the direction of the next breakout.

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