💎 MANTA has recently displayed notable market dynamics, currently encountering resistance within the confines of an ascending triangle pattern.
💎 Should the pattern experience a successful breakout, there is potential for significant upward movement, probability reaching our predefined target area.
💎 However, if MANTA fails to breach the resistance level of the pattern, it may face rejection, prompting a retreat back toward the support trendline of the ascending triangle.
💎 For MANTA to regain bullish momentum, a bounce from the support trendline is essential. Conversely, a breakdown below this support level could lead to further downward movement, with the next significant support zone being the demand area, or even lower.
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