Mantle price (MNT) aims for a 30% recovery after Ethereum staking platform upgrade

Mantle (MNT) remains firm above the short-term support zone around the 1.23 USD mark at the time of writing on Tuesday, despite the overall bearish outlook of the cryptocurrency market. If the bulls continue to increase pressure and consolidate control over the trend, MNT could potentially extend its recovery by approximately 30%, targeting the 1.63 USD level in the short to medium term.

Mantle staking upgrade achieves liquidity as required

Mantle has recently launched a significant upgrade to its liquidity staking platform on Ethereum, focusing on the Buffer pool — a new mechanism allowing users to withdraw funds within 24 hours thanks to a dual liquidity model. According to the official announcement, the mETH protocol will allocate part of the staked ETH to Aave to maintain yields, while ensuring immediate liquidity on demand without incurring additional costs.

Specifically, small withdrawal requests will be processed instantly through the Buffer pool, while larger withdrawal orders will be routed through the ETH market reserve on Aave. Both liquidity streams guarantee a maximum processing time of 24 hours, with no delays or interruptions.

Mantle states that mETH has now evolved into a liquidity staking token (LST) designed to cater to organizational-scale operations, meeting high liquidity demands while retaining core utility.

“As one of the largest ETH liquidity staking tokens in the market, mETH is contributing to the security of networks like EigenDA and Symbiotic, while expanding yield-generation strategies through integration with over 40 leading dApps, including Ethena and Compound,” Mantle emphasized in a blog post.

However, on the other hand, retail investor demand continues to show clear signs of weakening despite technological improvements. Data from CoinGlass indicates that MNT’s derivatives market remains relatively subdued, with the average futures open interest (OI) around 78 million USD — significantly below the historical peak of 490 million USD recorded on October 9.

Futures OI of MNT | Source: CoinGlassThis trend reflects increasing cautious sentiment, as investors seem unready to bet on a recovery or sustained bullish momentum for the token, opting instead to stay on the sidelines and observe further.

Technical outlook: Mantle ready for a breakout

Mantle is currently oscillating within a narrow range, constrained between a key support zone at 1.23 USD and resistance at 1.28 USD at the time of writing on Tuesday, as bulls continue to try to maintain control in the market. The 50-day exponential moving average (EMA) continues to serve as a solid support around the 1.23 USD level, while the 100-day EMA creates a notable barrier at 1.28 USD.

In terms of momentum, the MACD indicator has maintained a buy signal since November 26. The expanding green histogram bars above the zero line suggest increasing buying momentum, enhancing the short-term bullish outlook.

Daily MNT/USDT Chart | Source: TradingViewIf the price can convincingly close above the 100-day EMA, a breakout scenario with potential upside of about 30% to the 1.63 USD zone could fully materialize. This level coincides with the 0.618 Fibonacci retracement, which often serves as an important target of the trend.

Nevertheless, the risk of a correction still exists. A dip below the support zone of 1.21–1.23 USD could weaken the current bullish structure and open the possibility for the price to sharply fall back toward the November bottom around 0.86 USD.