Mantle’s MNT token gained over 10% on March 15, trading near $0.79 with a surge in trading volume to $117.67 million. The recovery from a $0.60 support zone has brought the price to a key technical inflection point at the $0.93 resistance level, with rising spot market buyer dominance and expanding derivatives open interest indicating increased speculative interest.
The cryptocurrency **Mantle [MNT]** traded near $0.79 on March 15 after gaining over 10% in 24 hours. Trading volume for the asset rose 81.53% to approximately $117.67 million during this period.
This surge in activity suggested traders returned to MNT markets as liquidity improved. The sharp volume expansion reflected stronger participation following a phase of recent price stabilization.
After months inside a prolonged descending channel, Mantle rebounded from the $0.60 support zone. The recovery has now pushed the price toward the next major resistance near $0.93, a level that previously acted as structural support.
Technical indicators reflected improving momentum following the extended downtrend. The MACD Histogram turned positive while the MACD Line held above the Signal Line, indicating weakened selling pressure.
Spot activity also shifted toward buyers based on the Spot Taker CVD indicator. That metric showed Taker Buy Dominance, meaning market buy orders exceeded aggressive sell orders.
Derivatives activity accelerated as Open Interest climbed 13.22% to $58.35 million. This increase in active leveraged positions suggested traders opened new futures positions around the ongoing recovery.
Mantle’s rebound, rising volume, buy-dominant order flow, and expanding Open Interest collectively point to strengthening bullish pressure. The price now approaches the $0.93 resistance zone, which represents the next major structural level for the asset.
