Mantle ($MNT) has seen a strong 24-hour performance, gaining nearly 20% in price, while trading volume has skyrocketed by 300%. For the first time since February, the token has successfully broken through the $0.82–$0.85 resistance zone, which had been a major ceiling for months.

But the key question now is: Is this breakout genuine, or just another short-lived spike?

From a technical perspective, there's a bearish RSI divergence, which can often signal weakening momentum or a potential reversal. However, the fundamentals tell a more promising story:

• Daily active users tripled in July
• A $400 million tokenized fund was launched with Securitize
• Mantle's treasury holds over 101,000 ETH, the largest ETH reserve in Web3
• Coinbase has officially added $MNT to its listing roadmap

If $MNT can hold above the former resistance and establish a stable support zone, this breakout could evolve into a larger rally — possibly targeting $1. However, if the price slips back below, it may open up a buy-the-dip opportunity for long-term believers