Weekly MNT situation:
Since April, MNT has been in a correction phase with a bearish trend on the weekly chart. The price is moving below the moving averages (bearish EMA13/MA30). However, a bullish signal could soon appear!
Potential bullish signals:
Holding above $0.48 at closing
Break of bearish moving averages (EMA13/MA30)
Closes above $0.91
RSI bullish, with a close above 52
Price targets:
Fibonacci extensions at 1.618 and 2, or between $1.35 and $1.73
2.618 Fibonacci extension at $2.56
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