Mantle surges thanks to Coinbase, will MNT break the $1.39 resistance?

Mantle Surges Strongly Thanks to Coinbase, Will MNT Break the 1.39 USD Resistance? MNT rises sharply after the listing of Mantle Perpetual Futures on Coinbase, attracting significant capital into the spot and futures markets. The price increase of Mantle demonstrates investor confidence recovery, reinforced by positive technical indicators and notable on-chain capital growth. MAIN CONTENT - Mantle (MNT) increased 12.5% after announcing Mantle Perpetual Futures listing on Coinbase, with significant trading volume and market capitalization growth. - Futures Open Interest and investor Longing ratio reached historical highs, indicating strong price appreciation expectations. - Technical indicators and on-chain data confirm positive buying trends, but investors should be cautious of potential correction risks if speculative sentiment weakens. [The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]

The important technical thresholds include the resistance zone of 1.39 USD (where MNT has been repeatedly rejected from increasing) and the target of 1.45 USD if successfully broken. Investors need to apply strict risk management, carefully observe futures cash flow fluctuations and technical indicators.

Strong cash flow movements into futures can often increase short-term volatility, so controlling emotions and managing positions are crucial for investors, especially in the highly volatile cryptoasset market today.
AMBCrypto Analysis Report, August 2025

The cryptoasset market always requires alertness and close tracking of on-chain changes, combined with identifying risks of speculative psychology centered around major events like futures listings.

Frequently Asked Questions

What caused Mantle (MNT) to recently increase in price?

The primary driver was the news of Mantle Perpetual Futures listing on Coinbase, which prompted large cash flows into spot and futures trading.

How much did Mantle's Open Interest increase?

MNT Futures Open Interest increased by 22.74%, reaching a record high of 122.67 million USD according to CoinGlass.

Are spot investors buying strongly again?

Yes, buying volume exceeds selling with a positive Delta, confirming new accumulation by holders in the spot market.

What is the current Long/Short ratio for Mantle Futures?

The ratio reaches 1.09, with Long positions occupying 52% of total contracts, indicating many investors expect prices to continue rising.

What is notable about Mantle's RSI?

The current RSI is 74, approaching the overbought zone and warning of a short-term correction risk if buying pressure does not remain strong.

If buying pressure weakens, where will Mantle's price go?

The correction scenario could bring the price to the support level of 1.20 USD if speculative sentiment quickly cools down.

When could MNT break through the 1.39 USD resistance zone?

If strong capital continues to flow in and indicators maintain a positive status, MNT could target 1.45 USD.