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Mantle price rebounds 6.6%, testing key resistance near $0.46 amid strong DeFi growth

Technical Signals
19 Aug 2026
Crypto news
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Bullish
pluang ai news

Mantle (MNT) price rose 6.6% to about $0.455, testing a critical resistance level at $0.4575 after rebounding from $0.39 earlier in August. The token faces liquidation clusters between $0.46 and $0.49, which could trigger a short squeeze if buyers push through resistance. Mantle's expanding DeFi ecosystem, with over $1 billion TVL and 155 tokenized equities, supports the price momentum. A close above $0.4575 could lead to further gains toward $0.49, while falling below $0.44 risks losing recent upward momentum.

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