Mantle Price Surges 10%, Eyes $0.5928 Target
Mantle's price surge has continued with another 10% gain in the past 24 hours, pushing its value toward $0.59.
This bullish breakout is helping to strengthen the token's technical setup, with prices currently trading above the 20-day, 50-day, and 100-day EMAs on the daily chart.
The growing trade volumes and high whale activity, along with bullish futures positions, are providing a boost to the token's rally toward its next level of resistance at $0.5928.
With trading volume nearly tripling to $47 million, the market is showing significant participation in Mantle's price action.