Date: Wed, Sept 10, 2025 | 11:26 AM GMT
The cryptocurrency market is showing notable strength after Ethereum (ETH) stabilized near $4,350 following a pullback from its recent $4,953 high. Riding this momentum, several altcoins are flashing bullish signals — including Mantle (MNT).
MNT is back in the green with a 13% jump today, extending its weekly gains to an impressive 27%. More importantly, its latest breakout pattern suggests the possibility of a much bigger upside ahead.
Double Bottom Breakout in Focus
On the weekly chart, MNT has confirmed a double bottom breakout — a classic bullish reversal structure that often signals the end of prolonged bearish trends.
The pattern developed after MNT formed two consecutive lows around $0.55, from where it staged a sharp rally. The token has now broken decisively above its neckline resistance between $1.38 and $1.41, with current price action trading near $1.44.
This breakout indicates a clear shift in market sentiment toward the bulls.
What’s Next for MNT?
After such breakouts, it’s common for price to retest the neckline zone (~$1.40) before resuming higher. If buyers successfully defend this level, MNT could continue its rally toward the measured target at $2.27.
That move would mark a potential 56% upside from the breakout level, positioning MNT as one of the stronger mid-cap performers in the current market cycle.
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