MANTA

MANTA ~ 1D Analysis #MANTA If you are interested in this coin, maybe you can consider this support to start buying back from here with a short-term target of at least 15%+

#MANTAThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.290.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 0.305First target: 0.329Second target: 0.348Third target: 0.373

This analysis can be used not only to spot the trading opportunity that is now MANTAUSDT, but also for learning purposes. Let's go back to basics.Here MANTAUSDT is breaking daily above EMA55. This break is happening with a full green candle and yesterday's candle also closed full green. Today's full green candle has above-average trading volume and is coming after several short-term higher lows. So this is a constellation of signals. One signal, the break of resistance, supported by many additional signals (volume, candles and chart pattern).The classic signal is the break above EMA55 on the daily timeframe. This confirms a bullish potential for the mid-term, minimum, which means 3 months.The next signal comes from the RSI, it is super strong. A hyper bullish RSI while a project is trading at bottom prices is another classic bullish strong reversal signal. It is present here.These together, with marketwide action, what the rest of the market is doing, is more than enough for me to say: Manta is going up.Thank you for reading.Namaste.

Last month it was shared as swing trade and now its 50% up and huge profit target done.

#MANTA has broken above the descending resistance and is now facing the daily MA100. A breakout above the MA100 could trigger the following targets:🎯 $0.331🎯 $0.439🎯 $0.613⚠️ Use a tight stop-loss.

Seems #Manta has entered a correctional pattern after breaking down below its bullish trendline and price right now is taking a break to finish up its redistribution phase before it CAN continue to lower levels. 📉Highlighted zones CAN be a good trading opportunity if you know what you are doing. 🛫

#MANTA is one of the Binance Launchpool coins listed in late 2023–early 2024, most of which dumped heavily post-launch, draining liquidity from beginner users.Despite that, MANTA may have completed a major zigzag correction after a strong bounce from ATL.Holding above that low could spark a major bull-run, potentially recovering early investor losses.#MantaNetwork

We have a situation here where the market bottom has been confirmed.Notice that MANTAUSDT is trading above its 11-March low but below its 3-Feb. low. The pairs that are trading above the 3-Feb. low are stronger from a TA perspective and from a trading perspective and likely a fundamental perspective as well, compared to those trading below.They are stronger first because the recovery is strong and second because the crash was smaller. In both cases, the rise and the drop, the market showed more support and action on these. This is something to keep in mind when choosing your pairs.Stronger pairs tend to produce better results.When retraces and corrections happen, they tend to happen all across. So those stronger will continue to outperform and you better choose those when choosing you Altcoins, with some exceptions of course.There are thousands of Altcoins and it is hard to choose.For me, I chose on 7-April when the bottom hit, so all are green, but the world (and trading) doesn't end there. The truth is that bottom prices are great but available only for the short-term.You can use moving averages as well to know which pairs are better than another and which ones are more likely to move next. The ones trading above the longer EMAs are the ones that are stronger.Just a few tips and tricks to improve your chances of success.Thank you for reading.Namaste.

MANTA/USDT – Bullish Structure FormingMANTA is showing early signs of a trend reversal, with multiple confluences indicating strength from the bulls. After a prolonged downtrend, the asset has not only broken key resistance levels but also flipped the 50 EMA, a major dynamic resistance, into support.✅ Key Technical Highlights:Double Bottom Formation:The chart has clearly printed a double bottom, one of the most reliable reversal patterns.This formation suggests that bears are losing control and buyers are starting to step in with conviction.Breakout Above the 50 EMA:Price has decisively broken above the 50 EMA (~0.2127), which had previously acted as dynamic resistance during the downtrend.Notably, the price retested the 50 EMA and successfully bounced, confirming it now as support.Resistance Flip to Support:The previous horizontal resistance zone has been breached and retested, reinforcing its role as a demand zone.Market Structure Shift:Lower highs and lower lows have now transitioned into higher lows and higher highs, signaling a structural shift from bearish to bullish.Momentum and Candle Structure:The bullish candles post-retest show strong momentum with minimal upper wicks — a sign of buyer strength.

Setup is as specified in the graph. Let's pay attention to support and resistors. If this resistance can be broken up, the setup will be activated.