Manta Network experiences selling alongside broader L2 correction despite unique privacy focus.

What's Happening:

  • $MANTA drops 7.47% to $0.0756 amid L2 sector selloff

  • Privacy-focused L2 thesis compelling but not differentiating in fear

  • 24h range from $0.0729 to $0.0817 shows elevated volatility

  • Fear & Greed at 24 affecting all L2 tokens

Why It Matters: Privacy remains an important but nascent use case in L2s. During extreme fear, differentiated narratives don't prevent correlated selling.

Technical View: MANTA testing $0.075 support. Critical floor at $0.0729 (24h low). Resistance at $0.0817. High correlation with L2 sector.

🎯 Key Levels:

  • Support: $0.0729 | Resistance: $0.0817

  • 24h Range: $0.0729 - $0.0817

💡 Privacy matters long-term - but fear trades everything the same

What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇

#Manta #MANTA #Privacy #Layer2 #Ethereum

Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.