Is Mantle (MNT) Set for a Steep Fall After $1.40 Rejection?

3 mins mins

Key Insights on MNT

Mantle faces tough $1.40 resistance, with repeated rejections signaling strong selling pressure.
A breakout above $1.40 could target $1.60, but failure risks drop toward $0.58 support.
Analysts split: Ali warns steep fall, Lucky sees strong uptrend with breakout momentum continuing.

**Is Mantle (MNT) Set for a Steep Fall After $1.40 Rejection?**

Mantle (MNT) was trading at $1.37, with a 24-hour trading volume of $480.59 million. The token is down 1% in the past day but remains up 26% over the past week. As MNT hovers near a key resistance level, analysts are divided on whether the token will face rejection or continue its rally.

The recent performance of Mantle (MNT) highlights significant market trends.

Rejection Risks Near $1.40

Analyst Ali Martinez shared a weekly chart showing repeated rejections at the $1.40 level. Each test of this resistance has been followed by sharp declines, making it a critical ceiling for Mantle. Martinez wrote, “Rejection at $1.40, short to $0.58… Could it really be that simple for Mantle $MNT?”

The chart points to $0.90 as the first support level if MNT is rejected again. A deeper drop toward $0.58 could follow if selling pressure builds. This area previously marked a major low, suggesting it could act as a potential downside target.

Breakout Signals and Bullish Momentum

In contrast, analyst Lucky shared a daily chart suggesting MNT is in a strong uptrend after breaking out of a prolonged downward channel. The chart shows momentum shifting as price surged from the $0.52–$0.60 support area, gaining more than 14% since the breakout.

Lucky commented, “$MNT is on an unstoppable run,” referring to the ongoing rally. His chart projects continued upside, with potential extensions toward $1.60 and above if MNT sustains higher highs and higher lows.

$MNT is on unstoppable run. https://t.co/IGcfpmgiTg pic.twitter.com/vw45Lx8k4P
— Lucky (@LLuciano_BTC) August 19, 2025

Key Technical Levels in Focus

The market now faces a decisive moment at $1.40. A successful breakout above this resistance could invalidate the bearish setup and open the path toward $1.60. Conversely, failure at this level may trigger a corrective move first to $0.90, with the possibility of testing $0.58.

Momentum indicators are currently mixed. The recent rally shows strong buying interest, but the repeated failures near $1.40 underline the strength of sellers in this zone.

For now, Mantle trades between a major resistance ceiling and strong historical support. Traders are closely monitoring whether MNT will break through $1.40 to extend its uptrend or face another rejection that could send the token lower.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.