According to foreign media, the forecast market platform InsightX announced that its cumulative network trade within the Mantle ecology had exceeded $500 million in one month, but that progress had not significantly reversed the MNT vulnerability. After the news was released, MNT rose at one point by about 5 per cent and was then blocked near the short-term resistance position.

One-month trade break, $500 million.

InsightX states that all the transactions take place in Mantle ecology, that the market can be expected to settle in seconds and that transaction costs are close to zero. For the common chain ecology, such data usually mean increased user activity, improved mobility and more information starting to be priced through the chain market.

However, according to the article, the strength of ecological data was not immediately transmitted to the token price. Although the MNT rebounded after the news, the overall downward movement has not been broken, and the market remains cautious about these advantages.

0.401 is still short-line support.

Since July, the US$ 0.401 line has been the supporting area for MNT ' s relative stability. This rebound failed to re-establish the 20-day mean line, which continues to test the support position rather than obtain further confirmation.

The article mentions that if $ 0.401 is lost, the next more obvious area of demand is near $ 0.310. Since the end of 2023, the region has been attracting purchases on several occasions, and if prices fall, they may bring back medium- and long-term financial concerns, but they also mean that the current round rebound has not changed the trend.

  • Current market interest: $ 0.401
  • Next demand area: $ 0.310
  • Blocked position after rebound: 20 near the daylight line

It's better to get back on two lines.

According to the article, MNT ' s forwarding expectations did not disappear completely, but required clearer price confirmation. Short-line structures will be improved only if prices hold up 0.401 dollars and break through 20 and 50 day averages.

In this case, the price would have to focus on the vicinity of US$ 0.686, and the market might have to undergo greater repair. Otherwise, even if there are strong chain dynamics in Mantle's ecology, the price of tokens may continue to be weak.

Overall, the central judgement of this review is that, while a 500-million-dollar trade breakthrough in the chain is a positive sign, the market is more focused on whether prices are really moving out of the bottom zone.