mnt

The Mantle (#MNT ) market continues to show weakness, as recent selling pressure accelerated its downward momentum 📉. Following Monday’s broader crypto selloff, MNT dropped to a new local low of $1.18, signaling sustained bearish dominance.
💥 What’s Behind the Drop?
The market-wide correction — fueled by volatility in Bitcoin (BTC) and a $100 billion decline in total crypto market capitalization — triggered over $1.1 billion in liquidations within 24 hours. This sharp downturn has dragged MNT deeper into bearish territory, with traders anticipating potential further losses in the short term.

📊 Over the last 24 hours, MNT price fell –5.11%, while its daily trading volume surged +83%, indicating strong selling activity and fear-driven exits from investors.
💭 What’s Next for MNT?
The prevailing trend remains bearish, but a brief rebound toward the $1.40 supply zone ⚔️ could occur before the next downward leg. The $1.10 level now stands as a critical support area — a zone that previously served as a key launchpad during the September rally.
On the other hand, $1.40 represents the immediate resistance, and only a breakout above it could suggest early signs of stabilization.
📉 Technical Outlook:


The Chaikin Money Flow (CMF) indicator has dipped below –0.05, reflecting strong capital outflows and mounting sell pressure.


The Directional Movement Index (DMI) shows the –DI (red) line above 20, while the ADX (yellow) is trending upward — confirming a strengthening bearish trend on the daily timeframe.


A steady decline in Open Interest (OI) suggests that many leveraged traders were either liquidated or exited positions due to rising volatility. This drop in OI indicates weakened confidence, further intensifying downside momentum.


📉 Market Sentiment:
Fear and heavy liquidation activity are dominating the scene, pushing MNT closer to the psychological $1.00 zone 🕳️. While a short-term recovery toward $1.40 remains possible, the broader trend is still tilted decisively downward.
⚠️ Disclaimer: The information presented is for educational and informational purposes only and should not be considered financial or investment advice.
#TRYHARED @Tryhared

MNT: Steady 27.95% weekly climb driven by strong demand and consistent buying support.
CYBER: Volatile week but closed 36.49% higher, showing resilience after sharp correction.
SKL: Surged 67.85% weekly, marking the strongest breakout and bullish momentum among altcoins.
August has turned into an exciting month for altcoin traders. Several tokens are pushing forward with strong gains and attracting investor attention. Mantle, CyberConnect, and SKALE have shown remarkable price action over the past week. Each project reflects a unique momentum pattern that highlights growing confidence in alternative cryptocurrencies. Their performances reveal where market interest is leaning as August moves deeper, making them stand out among active players in the space.

Mantle (MNT)
Source: Trading View
Mantle’s MNT has gained steady traction this week. The price touched a low near IDR 15,648 before reversing course. A consistent uptrend carried the token to a peak of IDR 22,490. At the moment, Mantle trades around IDR 21,739, which marks a 27.95% increase from the start of the week. This steady upward movement reflects strong demand. Buyers have consistently supported Mantle, signaling optimism about future performance. Such stability in growth often attracts long-term traders looking for reliable entry points. The pattern suggests Mantle is benefiting from strong fundamentals and increased visibility across the market.

CyberConnect (CYBER)
Source: Trading View
CyberConnect delivered a very different price journey. The week began near IDR 28,865 before an aggressive spike carried the token upward. Prices hit IDR 62,223 during this surge, reflecting a burst of enthusiasm. However, the excitement cooled as the token slipped from its peak. A correction followed, with prices slowly falling toward more stable territory. CyberConnect finally settled at IDR 41,172, still posting a strong 36.49% gain for the week. This performance shows how quickly sentiment can shift. Traders reacted strongly to short-term catalysts, which created both opportunities and risks. Despite the drop from the peak, CyberConnect remains well above its starting point, proving that investor interest has not vanished.

SKALE (SKL)
Source: Trading View
SKALE showed the most dramatic movement. The token bottomed around IDR 326.4 before exploding to a high of IDR 858.9. That surge represented a powerful breakout fueled by strong buying activity. After touching the high, SKALE corrected but held above early-week levels. The token now trades near IDR 610.8, delivering a remarkable 67.85% weekly jump. Such a strong rise reflects bullish momentum that has pulled new traders toward the project. SKALE’s movement shows how quickly market dynamics can shift in favor of an asset. The strong rally and solid close above earlier lows point to renewed confidence. This surge makes SKALE one of the strongest performers among altcoins this week.

Mantle displayed consistent growth supported by steady demand. CyberConnect showed high volatility yet closed the week with a solid gain. SKALE recorded the most impressive rally, nearly tripling from its bottom. Together, these three tokens highlight how different altcoins are shaping momentum in August, showing that investors remain active and selective as opportunities unfold.

$CYBER
#MNT