$MANTA delivered a huge rally, but the price action shows that most of the gains were aggressively sold into. 📊
📊 Key levels to watch:
• Support: $0.0900 – $0.0827
• Resistance: $0.1200 – $0.1594
• Breakout level: Above $0.1200
As long as price remains below $0.1200, rallies are likely to face selling pressure.
Possible plan 👇
🔴 Short Zone: $0.0985 – $0.1020
🎯 Target 1: $0.0900
🎯 Target 2: $0.0850
🎯 Target 3: $0.0800
❌ Invalidation / Stop Loss: Above $0.1065
The sharp rejection from the daily high and the collapse in buying activity make a short setup the higher-probability trade until bulls reclaim the momentum. 📉
No financial advice. Manage risk properly.
📊 Key levels to watch:
• Support: $0.0900 – $0.0827
• Resistance: $0.1200 – $0.1594
• Breakout level: Above $0.1200
As long as price remains below $0.1200, rallies are likely to face selling pressure.
Possible plan 👇
🔴 Short Zone: $0.0985 – $0.1020
🎯 Target 1: $0.0900
🎯 Target 2: $0.0850
🎯 Target 3: $0.0800
❌ Invalidation / Stop Loss: Above $0.1065
The sharp rejection from the daily high and the collapse in buying activity make a short setup the higher-probability trade until bulls reclaim the momentum. 📉
No financial advice. Manage risk properly.