MNT Hits New ATH at $1.65 Following Key Technical Breakout

TL;DR

• MNT breaks previous $1.65 ATH after robust breakout from long-term trendline and double backside.
• The weekly chart exhibits a bullish construction with rising help and robust value continuation above $1.44.
• Momentum indicators verify power as MNT trades above Bollinger Bands with a MACD bullish crossover.

Month-to-month Chart Breaks Lengthy-Time period Resistance

Mantle’s token MNT reached a brand new all-time excessive of $1.65 in the present day, after closing a month-to-month candle above a long-standing descending trendline. This trendline linked earlier highs from April 2024 and January 2025.

Notably, the month-to-month chart additionally exhibits a double backside formation, with lows growing round mid-2024 and mid-2025. The worth has now closed above the neckline of that sample. In keeping with Dealer Tardigrade, “the present candle’s physique is fully above the resistance trendline.” This development might mark the start of a change in construction.

$MNT‘s month-to-month chart appears promising
The present candle’s physique is fully above the resistance trendline fashioned by the peaks in April 2024 and January 2025.
The chart clearly exhibits robust momentum after a double backside sample.
I imagine this new candle has turned a brand new web page… pic.twitter.com/qaKVJfOP53

— Dealer Tardigrade (@TATrader_Alan) September 10, 2025

Buying and selling Quantity and Alternate Updates

MNT’s present 24-hour buying and selling quantity is $662 million, with a 24-hour value vary between $1.34 and $1.65. The asset is up 18% previously 24 hours and 47% during the last 7 days. Market cap is now at $4.02 billion, up 15% week-over-week.

Crypto analyst End noted that MNT serves as Bybit’s core utility token and talked about the potential for future provide reductions by buyback and burn packages. “Many nice issues are loading,” they stated, although the outcomes stay unsure.

Bybit just lately added 21 new spot buying and selling pairs for MNT. This might increase buying and selling exercise as extra pairs supply entry to completely different markets.

In the meantime, the weekly chart exhibits the worth shifting above the earlier peak of $1.44, which was set earlier in 2025. After a clear breakout, MNT briefly pulled again to the $1.13 space, which strains up with earlier resistance and will now act as help.

The 20-week shifting common has turned upward, and the worth stays above it. Earlier than this transfer, MNT had spent a number of weeks consolidating between $0.60 and $0.70, forming a rounded backside. That zone acted as a base earlier than the present breakout started.

Momentum Alerts Stay Lively on Each day Chart

On the each day chart, MNT is buying and selling above the higher Bollinger Band, which at present sits at $1.48. It’s now at $1.66, suggesting robust momentum. Strikes outdoors the higher band are sometimes seen throughout speedy value expansions.

One other remark is a current bullish crossover within the MACD indicator. The MACD line has risen above the sign line, with the histogram extending farther above the zero line. Such readings proceed to dictate that upward momentum stays alive with none speedy indicators of reversal.