👀 Soon a new rise on the Mantle (MNT)?
Weekly situation of MNT:
👉 MNT has been in a correction phase since April. The trend is bearish on a weekly basis, and the price is moving below the moving averages (bearish EMA13/MA30). But a bullish signal could soon arrive!
Bullish signal:
🔜 holding at closing of $0.48
🔜 breaking of bearish moving averages (EMA13/MA30)
🔜 closing beyond $0.91
🔜 a bullish RSI with a closing above 52
Targets:
➡️ 1.618 and 2 Fibonacci extensions between $1.35$ and $1.73
➡️ 2.618 Fibo extension at $2.56