$MNT Testing Major HTF Demand After Heavy Sell Pressure 👀

MNT is trading deep inside a long-term discount region after months of downside pressure and repeated rejection from the descending HTF trendline. The recent move pushed price back into the 0.60–0.62 demand zone, where buyers previously reacted aggressively. Current structure suggests downside momentum is slowing while price stabilizes near major historical support.

The chart also shows sellers struggling to create continuation lower near current lows, which often signals exhaustion instead of strong bearish expansion. If buyers defend this discount zone and reclaim structure properly, the next liquidity targets sit around 0.66, 0.73, and potentially higher toward the 0.85 premium region over time.

For now, patience remains important. A proper reclaim from demand with stronger bullish momentum is still needed before full continuation confirmation appears.

Analysis by Leo524.

#MNT #MNTUSDT #Crypto #Trading #Leo524