Mantle Price Prediction: Is MNT on a Crash Course After an 8% Weekly Drop?

Mantle (MNT) has seen an 8% weekly drop as market participants step to the sidelines, casting doubt on earlier bullish projections. Price action on the 1-day chart reveals a bearish head-and-shoulders pattern with a critical neckline at $0.885. A decisive break below this trendline would validate the bear case, potentially triggering a ~30% crash back toward August lows near $0.685. Traders monitoring the chart on Company TradingView will note that this structure is among the clearest short-term risk signals for MNT.

Adding fuel to the cautious outlook, on-chain analytics captured by Company Nansen highlighted a notable transfer by Company Dragonfly Capital. The VC firm reportedly moved approximately 6,000,000 MNT (~$6.95M) to exchanges over the past week, while still holding around 9.15M tokens across multiple wallets (estimated at ~$10.76M). Public deposits to exchanges — also tied to Company Bybit in social feeds — can indicate a desire to increase liquidity or to position for exits, which can exacerbate sell pressure when sentiment is already weak.

Technical indicators offer a mixed picture. The RSI is approaching the 30 oversold threshold, a level that has historically marked local bottoms and the start of short-term bounces for MNT. Meanwhile, the MACD remains below its signal line but is flattening, suggesting momentum loss rather than accelerating selling. If buyers re-enter, an alternate bullish scenario emerges: rather than breaking lower, the neckline could act as a pivot and lead to a bullish pennant continuation pattern. In that case, a strong entry of demand could power a dramatic move — analysts propose an optimistic target near $3.80, representing a potential ~300% breakout from current levels — with key intermediate resistance at $1.80 and the prior all-time high at $3.00.

Fundamentals remain notable. Mantle has been among the best-performing layer-2 networks in 2025, aided by a push toward Tokenization-as-a-Service and narratives linking TradFi to DeFi. As regulatory clarity improves, the project could reclaim attention as a conduit for on-chain finance. That said, short-term price action will hinge on demand recovery and institutional behavior.

For traders and investors worried about timing risk, the market has also seen alternative product narratives. Company PepeNode markets a mine-to-earn (M2E) mechanic enabling users to acquire virtual nodes and earn rewards across meme tokens — a model pitched as reducing the need for perfectly timed market entries. According to promotional materials, 70% of $PEPENODE spent on nodes and rigs is burned, creating a deflationary tailwind. With the presale reportedly entering its final week, late entrants may face higher prices.

In summary, the immediate outlook for MNT is binary: a break below $0.885 could validate the bearish pattern and produce sizable downside, while a bounce and confirmation of a bullish pennant could open the path to multi-bagger upside. Market watchers should track on-chain flows from Company Dragonfly Capital, exchange deposits flagged by Company Nansen, and short-term momentum readings on Company TradingView charts. This article was originally published on Company Cryptonews.