In recent years, multistatic specular meteor radars (SMRs) have been introduced to study the Mesosphere and Lower Thermosphere (MLT) dynamics with increasing spatial and temporal resolution. In this paper, frequency spectra of MLT horizontal winds are explored through observations from a campaign using the SIMONe (Spread-spectrum Interferometric Multistatic meteor radar Observing Network) approach conducted in northern Germany in 2018 (hereafter SIMONe 2018). The seven-day SIMONe 2018 comprised of fourteen multistatic SMR links and allows to build a substantial database of specular meteor trail events, collecting more than one hundred thousand detections per day within a geographic area of $\sim $ 500 km $\times$ 500 km. We have implemented two methods to obtain the frequency spectra of the horizontal wind components: (1) Mean Wind Estimation (MWE) and (2) Wind field Correlation Function Inversion (WCFI), which utilizes the mean and the covariances of the line of sight velocities, respectively. Monte Carlo simulations of a gravity wave spectral model were implemented to validate and compare both methods. The simulation analyses suggest that the WCFI helps to capture the energy of smaller-scale wind fluctuations than those capture with MWE. Characterization of the spectral slope of the horizontal wind at different MLT altitudes has been conducted on the SIMONe 2018, and it provides evidence that gravity waves with periods smaller than seven hours and greater than two hours dominate with horizontal structures significantly larger than 500 km. These waves might be associated with secondary gravity waves during this observational campaign. In the future, these analyses can be extended to understand the significance of small-scale fluctuations in the MLT, which were not possible with conventional MWE methods.