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Mantle (MNT) To Rise Further? Key Bullish Breakout Signals Potential Upside Move

Mantle (MNT) To Rise Further? Key Bullish Breakout Signals Potential Upside Move

CoinsProbeCoinsProbe2025/09/10 18:51
By:Nilesh Hembade

Date: Wed, Sept 10, 2025 | 11:26 AM GMT

The cryptocurrency market is showing notable strength after Ethereum (ETH) stabilized near $4,350 following a pullback from its recent $4,953 high. Riding this momentum, several altcoins are flashing bullish signals — including Mantle (MNT).

MNT is back in the green with a 13% jump today, extending its weekly gains to an impressive 27%. More importantly, its latest breakout pattern suggests the possibility of a much bigger upside ahead.

Mantle (MNT) To Rise Further? Key Bullish Breakout Signals Potential Upside Move image 0 Source: Coinmarketcap

Double Bottom Breakout in Focus

On the weekly chart, MNT has confirmed a double bottom breakout — a classic bullish reversal structure that often signals the end of prolonged bearish trends.

The pattern developed after MNT formed two consecutive lows around $0.55, from where it staged a sharp rally. The token has now broken decisively above its neckline resistance between $1.38 and $1.41, with current price action trading near $1.44.

Mantle (MNT) To Rise Further? Key Bullish Breakout Signals Potential Upside Move image 1 Mantle (MNT) Weekly Chart/Coinsprobe (Source: Tradingview)

This breakout indicates a clear shift in market sentiment toward the bulls.

What’s Next for MNT?

After such breakouts, it’s common for price to retest the neckline zone (~$1.40) before resuming higher. If buyers successfully defend this level, MNT could continue its rally toward the measured target at $2.27.

That move would mark a potential 56% upside from the breakout level, positioning MNT as one of the stronger mid-cap performers in the current market cycle.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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