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Technical analysis by unichartz about Symbol MANTA: Buy recommendation (3/22/2025)

https://sahmeto.com/message/3371439
unichartz
unichartz
Rank: 30920
1.2

MANTA Breakout Trade Setup – Long Opportunity

Buy
Price at Publish Time:
$0.27353
Profit Target:
(+40.90%)$0.3854
Stop Loss Price:
(-7.65%)$0.2526
Buy،Technical،unichartz

MANTA has broken out of a clean ascending triangle formation, confirming bullish strength. The breakout happened just above a key horizontal resistance and the 50 EMA, flipping both into support.The chart shows a strong impulse candle on breakout, with a well-placed stop below the ascending trendline and a healthy 4.5R risk-reward to the upside. RSI sits near neutral (50.86), suggesting there's still room for price expansion.DYOR, NFA

Source Message: TradingView
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