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MANTAUSDT

MANTA/USDT Facing on the resistance pattern. Breakout or reject?💎 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.
by MyCryptoParadise_Nathan
2
Manta Network(MANTA) is Ready to Correct at least ➖10%📈Today, I want to analyze a Token for you, which was one of the trending tokens of the cryptocurrency market in the last few days; the name of this project is Manta Network(MANTA) . 📚 What Is Manta Network(MANTA)❗️❓ Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas costs than an L2. ✅ Manta Network(MANTA) reacted well to the 🟡 Potential Reversal Zone(PRZ) 🟡and started to decline. 💡In terms of Classical Technical Analysis , Manta Network(MANTA) managed to form a Rising Wedge Pattern . 🏃‍♂️Currently, Manta Network(MANTA) has broken the lower line of the Rising Wedge Pattern and is moving in a small ascending channel , which can act as a pullback . 🌊According to the theory of Elliott waves , it seems that the Manta Network(MANTA) has succeeded in completing five impulse waves , and we should expect corrective waves in the coming days. 🔔I expect Manta Network(MANTA) to fall at least to the 🟢 Support zone($3.365-$3.260) 🟢 after breaking the lower line of the ascending channel, and it is likely to experience further falls . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Manta Network Analyze (MANTAUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
15
📊#MANTA will rise based on double bottom structure📈🧠From a structural point of view, after the goal of the double top short structure is fully realized, a double bottom long structure is formed in the buying zone. If we can strongly break through the resistance zone and the previous high, then we will be able to successfully reach the TP zone. ➡️From a wave theory perspective, we appear to have completed Wave 4 and are looking forward to the formation of Wave 5. Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
MANTA/USDT A Turnaround in the Making? 🚀 MANTA BOOM💎 Paradisers, an intriguing trading scenario is unfolding with #MANTAUSDT, as it currently exhibits a downward trend, yet the stage is set for a potential bullish reversal from the demand zone. 💎 Observing #MANTA recent descent, a 25% fall from its peak has been noted. Now, as it nears the demand zone at $2.75312, we're eyeing a possible shift towards an upward trajectory, aligning with a high-probability FVG (Fair Value Gap) setup. 💎 Here's where it gets exciting: should the price dip below $2.90246, be ready to seize a 5.87% profit opportunity before OMXHEX:MANTA hits our anticipated demand zone. Maintain vigilance, as a further drop below the demand level of $2.73168 calls for a strategic reassessment of your trading plan.
Long
by MyCryptoParadise