After a week of bearish price action, Mantle (MNT) was showing early signs of a potential reversal at press time. Meanwhile, a hike in whale activity, positive funding rates, and a spike in volatility lent some strength to the bullish setup. MNT volatility hits monthly highThe ongoing reversal has been occurring alongside a sharp uptick in market volatility. In fact, MNT’s volatility index climbed to monthly-high levels, with price volatility touching 1.8%. Their presence increases the likelihood of the MNT’s price action retesting the zone.