According to Trader Tardigrade, $MNT has formed an Ascending Broadening Wedge pattern after hitting a long-term support trendline, as reported on May 21, 2025 (source: @TATrader_Alan on Twitter). Historically, this chart structure has preceded significant price movements for MNT, with two previous occurrences resulting in notable upward rallies. Traders should monitor this pre-launch pattern for potential breakout opportunities, as technical analysis suggests a high probability of a similar move. This pattern is closely watched by crypto traders seeking high-momentum setups and could influence short-term trading strategies across the altcoin sector.

According to Crypto Rover, current market data suggests strong bullish momentum for altcoins as of April 30, 2025. Crypto Rover shared a chart indicating a significant upward trend in major altcoins, with increased trading volumes and positive price action across top assets like Ethereum and Solana. Traders are advised to monitor breakout patterns and consider long positions, as technical indicators such as RSI and moving averages show continued strength for the altcoin sector (source: Crypto Rover Twitter, April 30, 2025).

According to Michaël van de Poppe (@CryptoMichNL), historical altcoin cycles typically feature a 'fake' rally, followed by a retest of previous lows before a genuine upward trend begins. NEAR Protocol ($NEAR) is currently exhibiting this pattern by retesting its prior low and gradually moving higher. Traders should monitor NEAR’s price action closely for confirmation of a sustained breakout, as similar cycle behaviors have preceded major altcoin rallies in the past (source: @CryptoMichNL, April 28, 2025).