MNTUSDT Perpetual Contract
Panjang

MNT

144
Trend Verification on TradingView ChartsCurrent Price and Snapshot: ~$1.708 USDT (spot/perp aggregated from Bybit/Binance). 24h change: -5.47% (mild pullback today).

Weekly: +2.71%. Monthly: +23.88%. YTD: +183.63%. All-time high (ATH): $1.765 (hit Sep 13, 2025).

Overall Trend:
MNTUSDT experienced a short-term downtrend/pullback from the Sep 13 ATH ($1.765), dropping ~3-5% in recent sessions amid broader altcoin consolidation (BTC at ~$117K stable, ETH ~$4,450). However, this follows a strong recovery and reversal from earlier lows:

Daily Timeframe: Bullish reversal confirmed. Price broke out of a multi-month ascending channel in early Sep, rallying 20-30% from ~$1.30 support (Aug lows). Recent action: Pullback to $1.70 after ATH, forming a potential bull flag or rounding bottom. Higher lows since $1.30 indicate recovery from prior downtrend (e.g., Q2 2025 stagnation).

Technical rating: Strong buy (based on MA crossovers and oscillators).

4H Timeframe: Neutral-to-bullish. Price retesting $1.70 as support after breakout above $1.60 resistance. Candlestick patterns: Recent doji/hammer at lows suggest buyer exhaustion reversal. If holds $1.70, targets $1.80+ (Fib 1.618 extension from Aug swing).

1H Timeframe: Short-term bearish pressure from today's dip, but volume fading on downsides indicates weakening sellers.

Long entry
1.68-1.70
1.63
1.6
stoploss:1.57

tp
1.71
1.73
1.75
1.8
3-5x leverage


Penafian

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