#Mantle Price Analysis: Bullish Move Expected đÂ
Overview:
$MNT recently tapped into a monthly Fair Value Gap (FVG) after taking out Sell Side Liquidity (SSL). This was followed by a Market Structure Shift (MSS) with a strong volume candle that captured Buy Side Liquidity (BSL), signaling a potential bullish move. A bullish FVG has also formed, supporting the idea of further upward movement.Â
What Could Happen Next:
1ď¸âŁ The price may continue moving up directly to target the $1.51192 level, leaving the FVG untouched.
2ď¸âŁ Alternatively, it could pull back to the $0.66000 FVG before continuing its upward trend.Â
What to Do:Â
âŞď¸ New Positions: Consider entering long positions now and adding more if the price retraces to the $0.66000 FVG.
âŞď¸ Existing Positions: Hold onto your current long positions, as the price has the potential to push towards its All-Time Highs (ATH).Â
Key Levels to Watch:
âŞď¸ Fair Value Gap: $0.66000
âŞď¸ Target Level: $1.51192Â
âŞď¸ Long-term Potential: ATHÂ
Keep an eye on the price action and trade smart.
