Buyers compete for key resistance, MNT climbs to all-time highs
Source: CoinWorld
Time: 2025-09-11 20:04:52
Mantle's native token, MNT, rose 14% in 24 hours, approaching the all-time high resistance level of $1.514 in a bullish triangle breakout. While the ADX indicator shows a continued upward momentum, an MFI indicator of 50.2 indicates a potential liquidity outflow. Spot traders’ daily trading volume reached $5.3 million, with derivative open contracts rising 22% to $163 million, reflecting leverage support. Two failed to break through $1.514, indicating selling pressure; analysts are concerned about consolidation or pullback after the breakout is confirmed.