The altcoin market is experiencing a strong Rebound! PUMP, AVAX is on a continuous rise, and MNT reaches an all-time high, igniting long positions sentiment.

On September 11, the cryptocurrency market fully rebounded, with Pump.fun (PUMP), Avalanche (AVAX), and Mantle (MNT) becoming the focal points of the rally, each recording double-digit gains over the past 24 hours. PUMP benefited from a surge in platform revenue, AVAX rose due to strategic partnerships promoting tokenization and stablecoin development, while MNT reached a historical high after adding multiple trading pairs. Technical indicators show that long positions momentum is still strengthening, and the market recovery is expected to continue.

PUMP is approaching historical highs, and momentum continues to strengthen

(Source: Trading View)

PUMP broke through the psychological barrier of $0.005000 on September 11, continuing a 2% increase after yesterday's 18% pump, just a step away from the historical high of $0.006682 set on July 15.

Data shows that the project has generated over a million dollars in daily revenue continuously since the beginning of August, providing strong support for the price.

On the technical side, the MACD and signal line continue to rise, the green histogram is continuously expanding, and the RSI has reached 74, indicating strong buying pressure and that it has entered the overbought territory. If there is a short-term pullback, $0.005000 will be the first support level.

AVAX breaks the golden cross, challenging the 30 dollar mark

(Source: Trading View)

Recently, AVAX reached an eight-month high in price due to signing agreements with international partners to promote tokenization and stablecoin development.

Technical indicators show that the 50-day EMA has crossed above the 200-day EMA, forming a "golden cross." The short-term rebound strength is higher than the long-term trend. The RSI is at 67, close to the overbought area, and the MACD also remains upward.

If it can break through the pivot resistance level of 29.78 US dollars, it will likely challenge 32.79 US dollars; conversely, if it retraces, 26 US dollars will become an important support zone.

MNT reaches an all-time high, entering price discovery mode

(Source: Trading View)

MNT has risen for four consecutive days, increasing another 4% today, after a previous day rise of 9%, breaking through the psychological barrier of $1.50 and setting a new historical high.

After adding multiple trading pairs, MNT enters the price discovery phase, with a short-term target pointing to 1.80 USD.

On the technical side, the MACD has broken above the signal line on Tuesday, triggering a buy signal, with the RSI reaching 73, indicating that buying momentum continues to strengthen. If it falls below $1.50, it may test the support level at $1.36.

Conclusion

The strong performance of PUMP, AVAX, and MNT reflects that market sentiment is warming up, and long positions are actively entering the market. Technical signals are generally bullish, and if the macro environment and capital inflow continue to improve, this rebound may extend to more mainstream and popular Tokens. Short-term traders need to be cautious of overbought risks, while medium to long-term investors should pay attention to the stability of key support levels.