Mantle gains 9.88% as price struggles below key weekly moving averages

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Mantle gains 9.88% this week

Highlights

Mantle trades well below major moving averages, confirming persistent medium- and long-term bearish momentum.
Recent 9.88% weekly gain lifts price to the top of its range, but weak momentum signals undermine bullish conviction.
Price likely fluctuates between $0.63 and $0.77 this week, with sellers retaining an edge and breakout probability low.

DeFi lending and network growth underpin positive sentiment this week

Mantle continued to expand its role in the crypto ecosystem, with the project surpassing $1 billion in DeFi lending activity. Growth in its decentralized finance ecosystem has been supported by increasing developer engagement and treasury-backed governance initiatives. Efforts to build new enterprise partnerships and broader technology adoption further highlight momentum within Mantle’s network.

Key resistance and mixed momentum as sellers retain technical advantage

On the weekly chart, Mantle trades well below the MA-20 and MA-50, establishing these moving averages as key resistance levels. The weekly Ichimoku Kijun line at $1.7004 highlights long-term resistance overhead. Momentum indicators are mixed: while the MACD remains weak and the ADX signals only modest positive direction, the RSI and CCI do not show oversold conditions, and Stochastic RSI is neutral — suggesting that sellers maintain an advantage even after the recent recovery. Weekly volatility is elevated at 14.65%, and Bull/Bear Power favors continued selling activity.

Sideways trading expected as bearish momentum limits breakout potential

Over the next 5–7 trading days, Mantle is likely to fluctuate within a projected range of $0.63 – $0.77, consistent with its recent volatility band. The probability of an upward breakout above $0.77 is only about 25%, given persistent bearish momentum and dynamic resistance from weekly moving averages. Baseline expectations center on sideways trading as neither bulls nor bears gain decisive control. Should seller momentum resume, a pullback toward $0.63 is more probable, while a firmer recovery would require significant improvements in trend and momentum indicators.

Viktoras Karapetjanc, expert at Traders Union, sees clear signs of renewed interest in Mantle (MNT) this week. Despite strong resistance around the key moving averages, he believes the network’s rapid DeFi growth and active governance continue to strengthen its long-term foundation. With bullish sentiment supported by expanding partnerships and ecosystem activity, the outlook for MNT remains constructive. If momentum shifts, a breakout toward the $0.77 level becomes increasingly likely, though sellers still have the upper hand for now. "With Mantle’s fundamentals on the upswing and volatility offering tactical setups, I expect investor confidence to keep improving and look for bullish opportunities during the coming week."

Previously it was reported that Mantle is exhibiting short-term strength above its MA-20 while remaining below its MA-50 and MA-200, with momentum indicators presenting a mixed to mildly bearish outlook as RSI stays below 50 and MACD and ADX remain weak. The asset faces near-term resistance at $0.6523 with expected sideways movement within the $0.5800–$0.7100 band, as bulls must secure a close above the Ichimoku Kijun to trigger further upside.

Source of Data: MNT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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