Key Points:
🟥 Resistance Zone: $1.42 — a critical level for bulls.
🔵 Trendline: A steady upward trend supports buyers.
⚡ Target Zone: $2.60–$3.00.
What’s Happening?
The price of MNT is moving within a large ascending channel. A pattern resembling a "cup and handle" is forming on the chart, which is a strong bullish signal! 🔍
If the price breaks the $1.42 level, it opens the door to new highs — the target is $2.60–$3.00 🚀.
At the same time, there’s a risk of short-term decline.
Where to Buy?
💰 Buy Zone: $0.90–$1.00.
There’s a possibility of a dip to $0.70, so consider the risks before entering.
Personal Opinion:
The token looks promising, and I recommended it when the price was $0.50. If it interests you, this might be a good option for a long-term portfolio.