Mantle (MNT) is showing early signs of reversal after a week of bearish price action, with its price reclaiming both the 20-day and 50-day exponential moving averages. Whale activity has surged, with large orders detected around current levels, signaling increased confidence among larger market participants. MNT’s volatility index climbed to monthly highs at 1.8%, while positive funding rates across major exchanges indicate widespread bullish positioning. Approximately $865K in liquidation clusters positioned above the current price could act as a catalyst for MNT to test the $0.50 psychological resistance level.
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