The current support level presents a tempting opportunity.
Currently trading at $1.10, finding support on the 4-hour timeframe chart. If bulls can hold the price at or above this support level, it could signal a potential reversal and an upward trend.
If the bulls can maintain control, $1.1452 is a possible target price. This represents a potential upside of approximately 4% from the current price.
Caution is always advisable, conduct your own research and employ proper risk management strategies before making any investment decisions.
Currently trading at $1.10, finding support on the 4-hour timeframe chart. If bulls can hold the price at or above this support level, it could signal a potential reversal and an upward trend.
If the bulls can maintain control, $1.1452 is a possible target price. This represents a potential upside of approximately 4% from the current price.
Caution is always advisable, conduct your own research and employ proper risk management strategies before making any investment decisions.
Trade active
Trade closed: target reached:
The initial target price has been successfully attained, with the price reaching $1.1452 as predicted.
Comment:
MNTUSDT has found a solid support level at $0.88, which has led to a bullish close at $0.94 on the daily candle chart. This positive momentum could propel MNTUSDT to test the resistance levels at $1.04 to $1.09.
