MNT Jumps 5.95% to $0.6462 on Double Volume, Eyes $0.6650 Resistance
- —MNT up 5.95% in 24 hours to $0.6462, +18.5% weekly and +25.65% monthly
- —Daily volume 95% above the 30-day average
- —RSI at 64.2 with positive MACD, but stochastic at 92.2 signals overbought conditions
- —Key resistance at $0.6650, immediate support at $0.6229 (SMA-5)
Why it matters: MNT's rally is driven by broad market beta rather than project-specific news, so gains could reverse quickly if bitcoin's momentum fades.
Source: DiarioBitcoin