MANTA / USD PERPETUAL SWAP CONTRACT

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MANTA / USD PERPETUAL SWAP CONTRACT forum


MANTAUSDT.P MANTA continues its strong downtrend, respecting the descending resistance trendline since early January. Multiple rejections from this line, combined with bearish price structure and failed retests at supply zones, confirm sustained selling pressure.

Currently, MANTA is trading near $0.1975, hovering just above a key psychological and technical level around $0.19–$0.20. If this support breaks, we could see further downside toward $0.16, the next significant demand zone.

Key Technical Notes:

Downtrend remains intact with lower highs and lower lows.
Price rejected from the $0.30–$0.32 resistance zone.
Trading below all major resistance clusters.
No bullish divergence or breakout structure yet.

What to Watch:

A breakout above the trendline could signal the start of a short-term reversal — but confirmation is key.

Continuation below $0.19 may accelerate downside momentum.

Let me know in the comments if you want a detailed breakdown or possible reversal scenarios.
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Snapshot

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