Mantle slips as price remains below MA-20, signaling continued bearish momentum: weekly outlook

Traders Union
All News
Crypto News
Mantle slips 4.07% this week

Highlights

Mantle (MNT) remains in a sustained bearish trend, trading below key moving averages and showing persistent seller dominance.
Momentum indicators confirm negative sentiment, with strong sell signals and no evidence of oversold conditions or trend reversal.
Expected trading range for the coming week is $0.5900 to $0.6700, with a low probability of a bullish breakout and higher risk of further declines if $0.5900 fails.

Bearish technicals reinforced by neutral trend strength over the week

On the weekly chart, MNT continues to trade below its MA-20 and MA-50, confirming persistent medium- and long-term weakness. MACD shows a strong sell signal while the ADX is neutral, reflecting weak trend strength. The RSI and Commodity Channel Index both indicate selling pressure but are not yet in oversold territory, and the Stochastic RSI is neutral-to-sell, pointing to ongoing negative momentum. With weekly volatility at 7.16% and the asset residing in the lower end of its recent range, sellers clearly remain dominant.

Sideways-to-lower bias as breakout risks skew to downside next week

For the next 7 days, expectations are for price action between $0.5900 and $0.6700 based on current volatility and weekly trend signals. The probability of a significant upside move is low, with indicators signaling a higher likelihood that price will drift sideways or continue lower. Any sustained breakout above $0.6700 could raise chances of a rebound toward the MA-20, but unless selling pressure eases, a break below $0.5900 may open the door to further losses.

Parshwa Turakhiya, analyst, sees Mantle (MNT) locked in a persistent bearish trend this week, with sellers maintaining control and price action consistently under key MAs. Technical momentum remains negative, and sentiment is subdued as the asset holds within the lower end of its range. He notes that with all major momentum indicators signaling weakness, the probability of a meaningful recovery remains slim unless resistance at $0.6700 can be cleared. Turakhiya’s base case is for sideways or lower moves in the coming week, with any deeper dip below $0.5900 likely to invite more downside probing. "Unless buyers reclaim $0.6700 with conviction, I prefer to stay defensive and watch for further weakness next week."

Earlier, analysts noted that Mantle remained under sustained bearish pressure due to dominant seller activity and lack of positive technical signals. The current analysis reinforces this outlook and highlights that a decisive break below $0.5900 would increase the risk of accelerated downside for traders to monitor.

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

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.