MNT Falls 4.27% on October 9, Nears Decisive Technical Zone
- —MNT trades at $0.549, down 4.27% on the day and 15.75% on the week
- —RSI at 36.4 and stochastic at 3.3 point to oversold conditions without a confirmed turn
- —Daily volume of $34.96 million is 3.92% below the 30-day average
- —Price sits below SMA-7, SMA-30 and SMA-200, with MACD histogram negative
Why it matters: With no confirmed catalyst and weak volume, any MNT bounce remains speculative until price reclaims the SMA-7 near $0.614.
Source: DiarioBitcoin