Mantle (MNT) Hits New All-Time High After 35% Daily Jump, Can Momentum Push Beyond $3?

Mantle (MNT) has reignited its bullish momentum, surging 30% in the past 24 hours to reclaim the $2.20 level after dipping as low as $1.50 over the ￰0￱ swift rebound underscores renewed buyer confidence following last week’s sharp correction from record ￰1￱ Reading: Solana (SOL) Pushes Higher Again – Has It Finally Found Its Short-Term Bottom? While MNT remains below its $2.84–$2.86 all-time high, the strong recovery suggests bulls are regaining control, potentially setting the stage for another push toward the upper range if momentum ￰2￱ activity exploded, with daily trading volume up more than 60% to about $1.2 billion, while futures open interest climbed 9% to $269.7 million, a signal that speculative demand is accelerating alongside spot buying.

MNT's price bounces back following major losses on the daily chart.)stack is pulling real-world asset issuers on-chain, while the launch of USD1, a new stablecoin building on Mantle, is injecting fresh liquidity and utility into its DeFi ￰3￱ is another edge: Mantle’s deepening Bybit integration (treasury programs, listings, and roadmap alignment) is funneling sustained order flow, not just one-off ￰4￱ also highlight Mantle’s modular design (execution on Mantle with EigenDA for data availability and OP-stack upgrades) that lowers costs and improves throughput, important for tokenization, trading, and payments use ￰5￱ Mantle (MNT) Bulls Clear $3?

The Levels and Scenarios Momentum favors further upside as a decisive close above $2.87 could open the door to $3.00, with extended targets near $3.60 if volume and open interest continue to ￰6￱ the downside, $2.50–$2.55 is initial intraday support, followed by the must-hold $1.90–$2.00 zone; losing that would risk a deeper retrace toward $1.60–$1.75 where buyers last ￰7￱ now, breadth (spot + derivatives), rising participation, and a tight, orderly trend argue for trend continuation rather than a blow-off ￰8￱ Reading: Bitcoin Fear & Greed Index Crashes To Lowest Level In 6 Months, Is A Market Rebound Coming? Technically, MNT’s clean breakout above $2.00 was followed by strong follow-through and a steady series of higher ￰9￱ long as price holds the $1.90–$2.00 demand zone, the bull structure remains intact, with traders eyeing $2.87 (recent high) and the psychological $3.00 mark ￰10￱ image from ChatGPT, MNTUSD chart from Tradingview