$MNT is under corrective pressure after failing to hold prior range support. Selling momentum is elevated, but price is approaching a historically responsive demand zone where reactions are likely. This is a high-risk, mean-reversion setup rather than a trend trade.

Support: 1.16 – 1.12
Resistance: 1.26 – 1.34
Entry Point (EP): 1.17 – 1.20
Only valid if price stabilizes and prints higher lows.
Targets:
TP1: 1.26 – range reclaim
TP2: 1.34 – breakdown retest
TP3: 1.48 – extension on strength
Stop Loss (SL): 1.09
Outlook:
$MNT requires confirmation. A reclaim of 1.26 would signal buyer control returning; failure to hold 1.16 opens downside risk.
$MNT ‌