Mantle Price Surges 10%, Eyes Resistance at $0.5928
Mantle's price is on an upward trend after gaining 10% in the past 24 hours. This surge has pushed its price above several key moving averages, including the 20-day, 50-day, and 100-day EMAs on the daily chart.
The increased buying pressure and growing trade volumes are also contributing to the token's rally towards its next level of resistance at $0.5928.
Furthermore, whale activity is increasing, with larger market participants becoming more active as Mantle approaches its next resistance. This could help absorb selling pressure around $0.5928.