
Daan Crypto Trades|Mar 06, 2025 06:55
MNT Trading back down near its massive support and range low. Looking for a local reversal/market structure break from this .786 fib retracement.
This one got hit relatively hard after the Bybit hack due to them owning quite a bit of MNT. Good chance this saw some forced selling due to that.
Overall, this is still one of the strongest L2s this cycle and one to keep an eye on imo. COOK is a good one for beta as its the governance token of the METH protocol.
Both should do well if ETH were to perform.
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