Mantle Don Soar 30% for Bybit EU Staking, E Dey Eye $1.40 Resistance
Mantle price don rise 30% inside 48 hours even as market dey go down generally. This rally na because Bybit EU launch one MiCA-compliant MNT staking pool. People fit now stake MNT side by side with XION and USDC to collect reward. As dem dey do staking, Mantle and Bybit also release “Double Win” structured product for Bybit Earn plus dem join MNT with Crypto Content Creator Campus. These partnerships dey expand how MNT fit take dey used for regulated European markets. Derivative data show say short positions wey equal $5.7 million dey bank near $1.40 level. Mantle price dey face heavyweight resistance for dat zone. Correct support dey from $16 million long positions plus 24-hour trading volume peak of $599 million. If short squeeze happen, e fit push MNT pass $1.40 go $2, but if e drop under $1.30, e fit bring am back down to $1.20. Investors dey also watch layer-2 tokens as BTC Hyper presale don reach $5.46 million, showing say people want cheap Bitcoin transactions. Mantle price moves and fresh staking demand from Bybit EU fit keep the rally going. Traders suppose dey watch resistance at $1.40 and volume trends for possible breakout or pullback.
Bullish
Bybit EU wan MiCA-compliant staking launch plus new structured products don push heavy demand for MNT, make the price jump 30%. High trading volumes plus bunch of $5.7 million short positions around $1.40 set the stage for possible short squeeze. Like past Layer 2 integrations—like AAVE for Polygon—weyy start long rallies, Mantle’s growing use case for regulated markets fit hold bullish momentum. Short term, traders fit push MNT pass resistance at $1.40, target $2 if squeeze tight. Long term, more staking adoption plus creator-economy hookup fit lock liquidity, make price floor strong, and attract more institutional players. Overall, di news dey support better outlook for MNT trading and market stability.