MNTUSDT Weekly Chart Analysis | Momentum & Key Targets Unveiled
🔍 Let’s dive into MNTUSDT perpetual contracts and decode the current price action, focusing on order flow, volume, liquidations, and momentum for top trading setups.
⏳ Weekly Overview
The weekly chart shows MNTUSDT surging out of a prolonged consolidation box, supported by a massive volume spike. This breakout is adding significant bullish momentum, as the RSI closes above the 71.55 level — a classic signal for trend acceleration and institutional interest.
🔺 Key Bullish Setup:
- Consolidation Box Break: Closing above the $1.57 level marks a safe entry; the order book above is lighter, giving price more freedom to move.
- Short Liquidation Cluster: Between $1.40-$1.60, nearly 471,300 MNT shorts are set for liquidation. Once price pushes through, liquidity fuel could trigger rapid upside.
- Upside Targets: Next objectives are $2.90 (approx. 90% up) and $4.25 (approx. 180% from the breakout), perfectly aligning with RR1 projections out of consolidation.
- Volume & Momentum: A massive volume influx supports the move, and RSI bolting past 71.55 on weeklies brings undeniable momentum.
📊 Order Flow & Futures Netflow:
- CoinGlass Futures Netflow: Recent statistics point to a healthy net inflow for MNT after a period of outflows, reflecting renewed market interest and capital rotation into longs.
- Market Cap: $4.50B, cementing its presence among high-liquidity altcoins.
🚨 Conclusion:
Breaking the current consolidation box, backed by a huge volume spike and overbought weekly RSI, signals powerful momentum. The $1.57 level offers a low-risk entry, and clearing short liquidation pockets between $1.40-$1.60 could send MNT to $2.90 and $4.25 in quick succession. Order book dynamics favor further upside, especially as resistance thins above $1.57.
Stay sharp, watch volume and RSI, and monitor liquidations for confirmation of the bullish continuation.
🔍 Let’s dive into MNTUSDT perpetual contracts and decode the current price action, focusing on order flow, volume, liquidations, and momentum for top trading setups.
⏳ Weekly Overview
The weekly chart shows MNTUSDT surging out of a prolonged consolidation box, supported by a massive volume spike. This breakout is adding significant bullish momentum, as the RSI closes above the 71.55 level — a classic signal for trend acceleration and institutional interest.
🔺 Key Bullish Setup:
- Consolidation Box Break: Closing above the $1.57 level marks a safe entry; the order book above is lighter, giving price more freedom to move.
- Short Liquidation Cluster: Between $1.40-$1.60, nearly 471,300 MNT shorts are set for liquidation. Once price pushes through, liquidity fuel could trigger rapid upside.
- Upside Targets: Next objectives are $2.90 (approx. 90% up) and $4.25 (approx. 180% from the breakout), perfectly aligning with RR1 projections out of consolidation.
- Volume & Momentum: A massive volume influx supports the move, and RSI bolting past 71.55 on weeklies brings undeniable momentum.
📊 Order Flow & Futures Netflow:
- CoinGlass Futures Netflow: Recent statistics point to a healthy net inflow for MNT after a period of outflows, reflecting renewed market interest and capital rotation into longs.
- Market Cap: $4.50B, cementing its presence among high-liquidity altcoins.
🚨 Conclusion:
Breaking the current consolidation box, backed by a huge volume spike and overbought weekly RSI, signals powerful momentum. The $1.57 level offers a low-risk entry, and clearing short liquidation pockets between $1.40-$1.60 could send MNT to $2.90 and $4.25 in quick succession. Order book dynamics favor further upside, especially as resistance thins above $1.57.
Stay sharp, watch volume and RSI, and monitor liquidations for confirmation of the bullish continuation.
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ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน