Mantle Faces $1.40 Barrier Again With Traders Watching $0.58 Support

Mantle has failed three times at $1.40, and traders now question if history will repeat again.

Analysts see $0.58 as the key level that may act as long-term support in case of rejection.

Social media shows split views, with some expecting a breakout and others bracing for a decline.

Mantle (MNT) is testing critical resistance at $1.40, where analysts warn a rejection could trigger a steep decline toward $0.58.

The chart shared by Ali (@ali_charts) shows that Mantle has faced multiple rejections at this same price zone. Since early 2024, three attempts have failed at $1.40, confirming it as a stubborn resistance level. Investors now wait to see if Mantle can break this ceiling or if another sharp downturn will follow.

Repeated Resistance at $1.40 Raises Concerns

The $1.40 level has been tested three times, each ending in a swift reversal. The first rejection in March 2024 pushed Mantle below $0.80 within weeks. That move erased months of gains and shook investor confidence.

A second rejection in November 2024 again confirmed the barrier. Prices slid under $0.70, further reinforcing the technical ceiling. Traders who anticipated the move saw confirmation that Mantle’s rallies were short-lived when approaching this level.

Now, in August 2025, Mantle has returned to the same resistance. With prices hovering at $1.3542, recording a 4.65% weekly gain, many fear history may repeat. Each rejection has created lower trading ranges, and the risk of another downturn remains high.

Downside Target Identified at $0.58

Technical projections point to $0.58 as the potential downside if Mantle fails again at $1.40. This zone marks long-term support and has historically acted as the floor during extended sell-offs.

The midpoint around $0.90 is also critical. Analysts view it as an intermediate level that could temporarily slow declines. However, failure to hold above $0.90 would likely accelerate selling pressure toward $0.58.

These levels frame the near-term market outlook. Investors are weighing whether Mantle’s current strength is sustainable or if it mirrors the setup of past cycles. A successful breakout above $1.40 would open the path toward higher valuations, but rejection could erase recent gains quickly.

Market Outlook and Investor Debate

The debate surrounding Mantle’s trajectory is visible across social media. Some traders argue this rally has stronger fundamentals, raising hopes that a breakout is possible. Others remain cautious, pointing to the identical chart patterns seen in earlier cycles.

Ali’s analysis has already reached more than 14,000 views, reflecting the level of interest in Mantle’s price action. Comments range from optimism about sustained adoption to warnings that the token is set for another correction.

Community voices highlight the sharp divide in expectations. Some believe Mantle is capable of holding near $1.40 for longer than before. Others predict a return toward $0.50–$0.60, suggesting that history may be set to repeat.

This uncertainty leads to a pivotal question: will Mantle finally overcome the $1.40 ceiling, or is another rejection inevitable?