Markets· ★★· bearish·

MNT Falls 2.20% to $0.526 as Crypto Market Pressure Persists

  • —MNT trades near $0.526, down 2.20% on the day and 8.27% over seven days
  • —Daily volume of $25.42M is 30.21% below the 30-day average
  • —RSI at 35.5 and stochastic at 4.6% show weakness and oversold conditions; MACD stays bearish
  • —Price sits below SMA-5, SMA-7 and SMA-10, with support near $0.514
Why it matters: MNT's slide mirrors broad altcoin pressure after hotter-than-expected US inflation; a recovery above the $0.538 VWAP is needed to signal a reversal.
Source: DiarioBitcoin