Mantle Price Prediction: Can MNT Sustain Its Uptrend Above $1.23?

• MNT holds above rising EMAs, signaling bulls retain control despite slowing momentum.
• Immediate support at $1.27–$1.26 is crucial to maintain short-term bullish bias.
• Futures open interest rose to $72M, highlighting elevated speculative attention near highs.

Mantle’s MNT token continues to draw attention as traders assess whether recent consolidation supports another upward move. On the 4-hour chart, MNT maintains a short-term bullish structure, even as price momentum cools after recent highs. Market participants now focus on whether key technical levels, futures positioning, and spot flow data can sustain the broader trend.

Price Structure and Key Technical Zones

Significantly, MNT trades above its rising exponential moving average cluster on the 4-hour timeframe. This positioning signals that buyers still control the broader structure. However, price actio…

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