Mantle Price Jumps 6%, Eyes Potential 10% Breakout
Mantle's price surged by 6% on August 19 as it tested resistance at $0.46, indicating potential for a 10% breakout.
The token has been recovering from its low of $0.39 at the start of August and formed higher lows since then.
A daily close above $0.4575 would indicate that buyers have overcome the final Fibonacci barrier before the previous breakdown area.
However, liquidation clusters suggest that MNT may face selling pressure if it loses recent support and leveraged long positions begin closing.