Will MNT Price Hit The High Of $1 Soon?

Mantle network has a market cap of $2.56 Billion and is currently ranked 35th in the cryptoverse. The overall volume of the MNT token has seen a decline of 24% in the past 24 hours. MNT token price is currently trading near the value of $0.78 with a slight gain in the intraday session.
MNT price is currently trading in a downtrend bearish channel on the daily chart. It is forming weak consolidated candles and trading below the 100 EMA.The upside trend of the MNT can see a halt near the value of $0.95. Meanwhile, the support of the asset price can be observed near $0.6
The RSI of MNT is near 33 suggesting its presence in the oversold zone. The overall sentiment of the RSI is bullish in nature.

Harmonic PatternsTrend Analysis

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