Mantle weekly outlook: Can MNT regain footing as sellers keep pressure with the setup deep in oversold territory?

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Mantle slips 7.00% this week

Highlights

Mantle is trading at $0.5355, down 7% over the past week and below all major daily moving averages.
Technical momentum indicators are weak with ongoing selling pressure, confirming a bearish long-term structure and limited upside.
In the coming week, Mantle is expected to trade between $0.5126 and $0.6137, with more than 80% probability of further decline.

Product launches and treasury gains strengthen DeFi outlook during the week

Bybit is collaborating with Mantle to launch the mStocks tokenized stock product, a move set to strengthen the network's footprint in tokenized real-world assets, according to CryptoBriefing. Mantle also recently reported a treasury of $2.25 billion and has surpassed $1 billion in total value locked, highlighting its expanding presence in decentralized finance.

Technical momentum weakens as oversold signals mount over the week

The daily chart shows a sustained move lower with a firm trend. Momentum signals remain weak, with RSI approaching oversold at 36.0712 and Stoch RSI in the oversold zone. Volatility has been moderate, with an 8.5% range, and near-term support and resistance are marked at $0.5081 and $0.5513, while the Ichimoku Kijun at $0.6119 continues to cap advances. Overall, the technical picture favors further downside as selling pressure dominates.

Downside bias prevails as breakout risks define next week's range

In the week ahead, Mantle is expected to trade between $0.5126 and $0.6137. There is a very high probability (more than 80%) of a decrease and a very low probability (less than 20%) of an increase. The base case sees price continuing to trade below the $0.5513 resistance, with any bounce stalling at the Ichimoku Kijun near $0.6119. A move above $0.5513 could target the upper end of the range, while a breakdown below $0.5081 would extend losses toward the lower boundary.

Anton Kharitonov, expert at Traders Union, notes that Mantle (MNT) ended the week under sustained selling pressure, dropping nearly 7% to trade near $0.54. He highlights the collaboration between Bybit and Mantle on the mStocks tokenized stock project and the platform’s expanding DeFi presence, but cautions these fundamental strides have so far failed to offset the bearish momentum. The daily chart shows weak momentum, with RSI nearing oversold at 36.0712 and Stoch RSI firmly oversold, while the Ichimoku Kijun at $0.6119 continues to limit any recovery. Key support stands at $0.5081 and resistance at $0.5513 in the days ahead. Kharitonov believes downside risk dominates, with a move below $0.5081 opening room for deeper losses, and any rebound likely capped below $0.5513. "As long as Mantle remains under $0.5513, I see no convincing case for a bullish reversal this week."

Earlier, analysts noted that Mantle remained under persistent selling pressure with bears in control, while elevated network activity drove heightened volatility. The current analysis reinforces this bearish bias, with new lows and weak momentum making a breakdown below $0.5081 the key downside risk to watch in the week ahead.

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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