The cryptocurrency token Mantle (MNT) has experienced a significant drop in price following a hack on the Bybit exchange, in which $174 million worth of cmETH, a Mantle-based coin, was stolen. The hack, linked to the North Korean Lazarus Group, triggered panic selling and caused MNT's Relative Strength Index (RSI) to plummet into oversold territory. While the RSI has since rebounded slightly, it remains in a bearish state. Mantle's Chaikin Money Flow (CMF) is also negative but showing signs of recovery, indicating selling pressure is easing. The Exponential Moving Average (EMA) lines suggest continued downward momentum. The market sentiment for MNT remains cautious, with the potential for further downside risk if buying strength does not increase. The price of MNT could test support at $0.81 or potentially reach resistance at $0.98 and $1.08 if a recovery occurs. A strong uptrend could push MNT to $1.31, representing a 41% potential upside.



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